Bulgaria’s Fuel Monopoly: Experts Call for Transparency in Lukoil Neftochim Pricing

Business

In Bulgaria , energy experts are calling for greater transparency in fuel pricing , focusing on the role of Lukoil Neftochim, which dominates the country’s oil market. Speaking on Nova TV, Elenko Bozhkov and Ivan Hinovski highlighted the monopoly’s influence and the distortions it creates in fuel costs. Ivan Hinovski, representing the Bulgarian Energy and Mining Forum, emphasized that Lukoil Neftochim has controlled Bulgaria ’s fuel sector for two decades, holding around 90% of the country’s