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Bulgaria's Prime Minister: There is unfounded panic over fuel prices

| updated on 3/3/22 4:50 PM
Photo: BGNES

Bulgaria's Prime Minister Kiril Petkov announced that there was unfounded panic over the availability of fuels and fuel prices. There is fuel and there is no chance that we could run out of fuel, Petkov stressed in a post on Facebook.

On Wednesday, one tanker unloaded and two more tankers are expected to be unloaded in Burgas, the prime minister said, adding that he called on the Commission for the Protection of Competition to check who and how is speculating on prices.

Zhivodar Terziev, chairman of the Bulgarian Oil and Gas Association, explained to BNR that panic was being spread about a sharp rise in prices in order to provoke panic refueling at gas stations. 

We will not go on foot, Terziev said, assuring that warehouses are full and will bring out extraordinary quantities on the market to calm down prices.

There are no problems with the supply of raw materials, as well as with the shipment of fuels to gas stations in the country. This is stated in the position of Lukoil Neftochim Burgas AD and Lukoil-Bulgaria EOOD, distributed to the media. They also state that the refinery is working at full capacity.

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Radio Bulgaria News    fuel Kiril Petkov Lukoil oil oil refinery refuel Zhivodar Terziev

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