Borissov Loses Patience: Political Bargaining Over Key Positions and Budget 2025
"Everyone wants positions – in regulatory bodies and ministries," he emphasized.
The Bulgarian government should determine why the country's anti-monopoly agency reversed its pronouncement that there is a fuel cartel in Bulgaria, stated former Minister of Economy and Energy Traicho Traikov.
"If the deadline is not over, cabinet should ask the Supreme Administrative Court why the Commission on Protection of Competition chandet its decision," said Traikov Sunday for the Bulgarian National Radio.
In March, the Commission came out with a decision finding that Lukoil Bulgaria, Rompetrol Bulgaria, Naftex Petrol and OMV Bulgaria have illicitly coordinated wholesale prices of fuels.
However, in July the anti-cartel body came out with a second decision, saying there are no regulatory breaches in Bulgaria's fuel market.
"Prices then, as well as now, are higher than they should be," said Traikov, who had repeatedly questioned the price formation of fuels in Bulgaria.
Some believe that it was that, together with a stance against the projected Belene NPP, led Bulgarian PM Boyko Borisov to fire Traikov from cabinet in March.
According to Traikov, the Bulgarian state can also pressure the fuel market by allowing sellers to stock fuels in neighboring Romania and Greece, since the ownership of fuel depots in Bulgaria is heavily concentrated.
The former Minister of Energy also added that the state could also use its own fuel reserves to influence the market.
Bulgaria has taken a significant step toward exploring its deep-sea energy potential
The two nuclear reactors from Bulgaria's Belene Nuclear Power Plant will not be sold to Ukraine
A contract for the exploration and extraction of oil and natural gas in Block 1-26 Khan Tervel, located within Bulgaria’s exclusive economic zone in the Black Sea, is being officially signed today
Bulgaria is exploring the possibility of leveraging its nuclear power capabilities to attract the IT sector, particularly in the field of artificial intelligence (AI) and data centers
Bulgaria is intensifying efforts to enhance regional energy security through the development of strategic infrastructure aimed at reducing dependence on Russian gas
The final shipment of Russian nuclear fuel for Bulgaria's Kozloduy Nuclear Power Plant has arrived
Google Street View Cars Return to Bulgaria for Major Mapping Update
Housing Prices Soar in Bulgaria’s Major Cities as Demand and Supply Strain Increase