Sat, Nov 21 2009

Lukoil slashes price of petrol by 5.5 per cent

Tue, Jan 06 2009 11:34 CET byNick Iliev 241 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.

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