Fri, Feb 10 2012

Lukoil slashes price of petrol by 5.5 per cent

Tue, Jan 06 2009 11:34 CET

byNick Iliev

457 Views
Lukoil Bulgaria has decreased the price of fuel in relation to the current dynamic of the local market for petrol goods, as declared in an official statement from the company, quoted by Investor. The move comes against the backdrop of Russia's Gazprom restricting the flow of gas to Europe due to the ongoing row with Ukraine, with shortages in some cases being as much as a third, and with gas supplies dwindling for the Bulgarian market as well.

A-95 H is down by 1.55 per cent, currently pegged at 1448.40 leva for 1000 litres, whereas A98H has gone down by 1.45 per cent, at 1544.40 leva per 1000 litres.

The price of diesel has been slashed by 2.26 per cent to 1554 leva per 1000 litres. The sharpest reduction is observed in the price of gas, which plummeted by 5.45 per cent, reaching 1248 leva per ton.

The changes will come into force from 7am on January 6, 2009.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Lukoil agrees to buy 45% stake in Dutch refinery TRN

The deal is worth US $725 million and it is expected to be finalised until the end of 2009

Petrol prices in Bulgaria increase

Rise of more than two per cent ascribed to trends on international markets, affected by governments’ and central banks’ measures against the global financial and economic crisis.

More in this category

Bulgarian ICT Watch event in March

Debate at the half-day event will cover what has been achieved so far and what further can be done by the Bulgarian Government to support development of the market.

Movers and shakers

Selectivity, not popularity, is the driving force behind Sofia's most exclusive members' only club.

Cash flow vs. profit

Too often, small business owners ignore cash flow, to their own detriment.

Airlines rush to Budapest to replace Malév

Analysts say ČSA restructuring will be much less risky.

Bulgaria's Globul signs partnership deal with Manchester United

Under the terms of the agreement, Globul will offer the club’s fans in Bulgaria access to exclusive Manchester United news, interviews, special features and other content over its mobile network.

Appointments

British Council

British Council

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

CEZ

CEZ

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

BASF Bulgaria

BASF Bulgaria

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Rompetrol Bulgaria

Rompetrol Bulgaria

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.