The Minister of Energy Traycho Traykov spoke today with representatives of the Bulgarian Oil and Gas Association, the ministry's press center announced. The current trends on international exchanges and their impact on the Bulgarian fuel market were discussed, BNT specified.
„In such a dynamic environment, it is extremely important for the state to have timely and reliable information. We expect clarity from the industry regarding the maintained stocks, current orders and the applied pricing and reporting methodologies, so that we can monitor the processes and react adequately if necessary“, said the Minister of Energy.
The business representatives informed Minister Traykov about the degree of use of the available reserves. He stressed the key importance of all participants in the chain who participate in the formation of the final price of fuels and noted the expectations of the refinery in the process of realizing permissible commercial profits to take into account the interests of consumers.
The oil sector emphasized its desire for close interaction with the state in order to ensure stability and predictability in the market and assured the minister that they do not realize speculative profits.
The parties shared the understanding that the complicated international situation requires careful coordination of actions that will not cause trauma to the market. In this sense, the readiness to maintain an active dialogue and exchange of information was declared.