Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

State oil company in Bulgaria to guarantee market competition

Photo: BGNES

The National Assembly has approved the establishment of State Oil Company. The amendments to the Law on State Reserves and Wartime Stocks envisage that the new company could not be privatized or go bankrupt.

The company is expected to build a chain of at least 100 gas stations and keep fuels in reserve. It will also operate warehouses, which will be registered like any other private site under the Fuel Act. Its principal will be the Minister of Economy.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Good neighbourly relations are key to the EU integration of Balkan countries

At the invitation of his German counterpart Annalena Berbock, minister Ivan Kondov participated in the meeting of foreign ministers of the countries of the Berlin Process. At the forum in Berlin, Kondov pointed out the importance of..

published on 10/2/24 11:27 AM
Jerusalem, 1 October 2024

Bulgarians in Israel are calm before the holiday of Rosh Hashanah

Bulgarian Jew David Levi, who survived Iran's missile attack against Israel in a bomb shelter, has told BNR that the situation in the country has calmed down with the opening of the airspace. This is a sign that the attack has passed,..

published on 10/2/24 10:39 AM

European heads of state celebrate 70th anniversary of CERN

Bulgaria continues to be dedicated to the joint mission of developing the potential of science in support of peace in a world of fierce competition and for the positive development of our societies. This was what Bulgarian President..

published on 10/2/24 9:48 AM