site.btaEnergy, Economy Ministers Cooperate with Lukoil to Lower Fuel Prices
Caretaker Energy Minister Rossen Hristov and caretaker Economy Minister Nikola Stoyanov met here on Friday with the management of Lukoil Neftochim and Lukoil-Bulgaria to discuss the fuel prices, the two ministers said during a press conference. The agenda included lowering the fuel prices, Hristov said.
"We are setting up a joint working group with both companies to find a price optimization solution," he added.
Stoyanov confirmed that this matter was a priority for both ministries. "We are prepared and waiting for next week, when this working group will become operational," he said. According to Stoyanov, the fuel prices impact all, as they are a component in the price of all goods and services, with inflation at over 17%, twice the EU average. He described the situation as an opportunity to rein in inflation.
Hristov and Stoyanov declined to answer how much they expect fuel prices to fall and for how long.
/KK/
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