Weather In Bulgaria On March 29: Sunny Skies and Rising Temperatures Across The Country
Bulgaria is set to experience favorable weather conditions on March 29, with mostly sunny skies forecasted across the country
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Lukoil Bulgaria is responsible for "artificial" prices of petrol in the country, a research team led by former PM Ivan Kostov has claimed.
There are good reasons to believe the Urals crude oil is imported in Bulgaria at much higher prices than normal, to the detriment of both households and businesses, Kostov's researchers say in a report [BG] published by the Risk Management Lab, a think-tank based at the New Bulgarian University in Sofia.
Kostov, who served as Prime Minister between 1997 and 2001, is still thought to hold certain influence over the Democrats for Strong Bulgaria (DSB), one of the parties in the right-wing coalition Reformist Bloc which is the junior partner in the government.
The cabinet for its part has been subscribed for analyses prepared by the Risk Management Lab for months.
Lukoil does not provide customs officers with invoices showing the price at which it bought crude, showing instead figures with stock prices for Brent (which for its part is 2.41% more expensive).
Transport expenses paid by the oil giant to bring the crude into Bulgaria have also been written up, the think-tank believes.
All this results in an overall difference of 13.27% in real prices of the crude bought in Russia and those it reported in Bulgaria, the study claims.
Between 2006 and 2014, Lukoil thereby inflated its declared expenses by BGN 763.5 M on a yearly basis, or BGN 6.8717 B for the entire period.
Lukoil is yet to comment on the allegations.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
Amidst Ukraine's urgent need for additional power sources following the closure of the Russian-controlled Zaporizhzhia nuclear power plant
Bulgarian lawmakers have taken a significant step toward bolstering the nation's energy infrastructure by advancing cooperation with the United States for the construction of Units 7 and 8 at the Kozloduy Nuclear Power Plant
The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022