Fuel prices expected to fall after Lukoil license extension to October 29

The economy ministry and the special manager of the Burgas refinery said on August 13 that fuel prices should decline in the coming months as the market normalizes. The extension of UK and US operating licenses for Lukoil's Bulgarian companies until October 29 averted a supply disruption, with crude secured through end-September. A sale of Lukoil's Bulgarian assets is being negotiated at the Russian holding level.

Why it matters if you live in Bulgaria

Bulgaria's only refinery keeps running and pumps stay supplied, with officials signaling prices should ease rather than spike this autumn. Keep an eye on the October 29 sanctions deadline — it remains the main risk for drivers.