Amid the ongoing energy crisis in Bulgaria after Russia cut off the gas supply, PM Kiril Petkov went on to Facebook to inform the world about the new vital steps the Bulgarian government has taken to meet Bulgarian energy needs.
Talking about his negotiation Petkov says that the government has negotiated new quantities of Liquified Petroleum Gas (LPG) at prices about $30 lower than European ones to ensure energy security until the Spring of 2023. The energy crisis has been going on in Bulgaria for a long time.
The condition is for the official cabinet to provide the infrastructure, with the contract allowing enough flexibility in favour of the optimal solution for the country. Petkov said that I commit myself with full support and continuity to the energy ministry. Hence, businesses and citizens are calm for the winter months and the expected crisis in Europe.
With that, Compensations for businesses related to electricity prices will continue from July 1 to September 30, 2022, which will benefit over 633,000 homeless consumers who need predictability and stability in the coming months. For end users, the ceiling of 250 BGN will remain. /mWh.
We have targeted another BGN 150 million towards the measure to reduce the fuel cost for end users by 25 cents litre. To ensure a sustainable reduction in gas station prices, we have launched a procedure to limit the export of petroleum products of Russian origin from the earliest possible deadline under European regulations – December 5. In the meantime, I expect the CEC to determine whether there are cartel agreements on the high prices consumers are paying at gas stations right now and to take action accordingly, Petkov said.
It is clear that Petkov intends for the diversification of energy sources and Bulgaria’s independence from unreliable and expensive suppliers as a priority of his government in the country.