24.02.2022

"In the next week we can expect a significant increase in fuel prices in our country. There are enough stocks, which is good news. It is possible to increase by 0.15 levs. It is possible to see prices for normal fuels close to BGN 3."

This forecast was shared to BNR by the chairman of the Bulgarian Oil and Gas Association, Zhivodar Terziev.

He pointed out that the prices of Brent oil today have exceeded the psychological limit of 102 dollars per barrel.

"It's only a matter of time before we see what happens at our gas stations. I don't see any good news for our region. Even if the situation with Russia and Ukraine hadn't happened, we expected an increase."

Terziev added that any sanction against Russia in terms of energy resources or bank payments will reflect on supplies and payments.

Date: 24.02.2022

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