If the import of Russian oil in Bulgaria stops, the only oil refinery in the country will stop working, said the Chairman of the Management Board of Lukoil Neftohim Burgas Ilshat Sharafutdinov. According to him the facility could also process oil from other countries, but that would take time, BNR Burgas reported.
In the 1960s the Bulgarian refinery was located on the Black Sea to receive oil from Russian ports, Zhivodar Terziev of the Bulgarian Oil and Gas Association said in an interview with BNR. Shipping oil only through the Bosphorus posed risks, Terziev said.
For the Bulgarian companies, a possible embargo on Russian oil would be the biggest problem because in recent years they have relied on 80-90% of supplies through the Burgas refinery, Terziev said.
The President of the European Council, Antonio Costa, and Prime Minister Rosen Zhelyazkov visited Arsenal, Bulgaria's largest arms manufacturer, in Kazanlak. The management of the factory presented the technological capabilities of the plant, its main..
Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP...
Despite active and targeted efforts to recruit personnel, the percentage of vacant positions at the State Intelligence Agency (SIA) remains high, reads the 2024 report of SIA, published on the website of the Council of Ministers. Another issue..
Bulgaria’s President Rumen Radev discussed ways to boost trade and investment between Bulgaria and Poland during a meeting with representatives of..
In an open letter to Prime Minister Rosen Zhelyazkov and the Ministers of Agriculture, Finance and Economy, the Bulgarian Farmers' Union calls for new..
The second F-16 fighter jet is expected to arrive in Bulgaria within days, said Defense Minister Atanas Zapryanov during a lecture to students at the..
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