Energy minister says Bulgaria’s fuel supplies safe until year-end

Fuel supplies for the domestic market are fully secured until the end of the year, Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to prevent speculation or price hikes, with control measures introduced if necessary.

• Priеmier Zhelyazkov convenes a meeting with ministers in connection with the sanctions on Lukoil
• No disruptions or price increases expected on Bulgaria’s fuel market

Bulgaria will act in coordination with European partners facing similar situations to develop a joint European action plan, Stankov said, according to BTA.