site.btaLegislation to Ensure Security of Critical Oil Infrastructure Passes on First Reading

The National Assembly approved amendments to the Act on Administrative Regulation of Economic Activities Involving Crude Oil and Petroleum Products on first reading on Tuesday.

The changes, proposed by the Democratic Bulgaria parliamentary group, are aimed to give state institutions an instrument to react to complicated situations such as the present domestic situation in Bulgaria and ensure the security of critical energy infrastructure related to crude oil and petroleum products, the security of supplies, the quality of services, price levels and the life and health of the Bulgarian people, Nadezhda Yordanova MP of Democratic Bulgaria said.

She explained that when Bulgaria's national security is jeopardized or international restrictive measures are violated, or someone abuses their dominant market position, the Minister of Economy and Industry, acting on a proposal by the Advisory Council functioning under their authority, should be able to appoint a special commercial manager at the company operating the critical infrastructure in question.

/RY/

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By 20:44 on 12.01.2025 Today`s news

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