Slovakia Resumes Russian Gas Imports via TurkStream
On February 1, Slovakia resumed importing Russian gas via the TurkStream pipeline
The price of the most common fuel has hiked to new record level at the Shell gasoline stations in Bulgaria.
Thursday evening, the A95 gasoline reached the unprecedented price of BGN 2.74 per liter at Shell stations.
It is expected that in the course of the day Friday other stations across the country will join in.
According to a research of the Bulgarian Trud (labor) daily, some can even raise the price to BGN 2.76 per liter.
The reason for the latest increase is the increase of wholesale prices from the only refinery in the country, Russian Lukoil Neftohim Burgas. It has upped on Wednesday the A95 price by BGN 0.03.
The price of diesel was increased on Thursday and it will be sold for BGN 0.03 – 0.04 at gas stations.
Analysts explain the record-high prices with the increase of oil prices on global markets, increased consumption of fuels in countries such as Japan, and the falling exchange rate of the EUR against the USD.
In an interview for 24 Chassa (24 Hours) daily, the Minister of Transport, Ivaylo Moskovski, warns the fuel price hike will lead to the increase of all prices and voices alarm that the process can get out of control in case of an escalation of the situation in Iran.
Ukraine's parliament, the Verkhovna Rada, has passed a law allowing the purchase of two Russian-made nuclear reactors originally intended for Bulgaria's Belene Nuclear Power Plant
Ukraine's parliament has given the green light for the acquisition of two nuclear reactors initially intended for Bulgaria's Belene Nuclear Power Plant (NPP)
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
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