Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bloomberg: Bulgaria to get a transition period until June or December 2024 to phase out imports of Russian oil

Photo: EPA/BGNES-archive

According to the European Union’s revised draft on sanctions against Russia, Bulgaria would get a transition period until June or December 2024 to phase out imports of Russian oil, Bloomberg reports. Croatia will get an exemption for imports of vacuum gas oil. According to Bloomberg, “the European Commission sent a revised proposal to national governments on Saturday that would spare shipments of oil through the giant Druzhba pipeline, which is Hungary’s main source of crude imports”.

According to a Bloomberg source, the European Commission also proposed restricting re-exports of Russian oil supplied by pipeline to other member states or third countries. Member states would phase out their imports of seaborne crude in six months and refined petroleum products in eight months, Bloomberg reports.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Alexander Kornezov

Alexander Kornezov approved as the Bulgarian judge at the EU Court of Justice

Bulgaria’s candidate for judge at the Court of Justice of the European Union , Associate Professor Alexander Kornezov, has been approved , lex.bg reports. In line with the Treaty of Lisbon, a panel of seven jurists recognised for their expertise..

published on 7/14/25 5:21 PM

Bulgarian euro coins will 'speak' of national history and spirituality

From 1 January 2026, Bulgaria will join the Eurozone , and the lev and stotinki will become a thing of the past. While the new currency will have a different appearance, it will preserve familiar symbols and images. The designs of the Bulgarian euro..

published on 7/14/25 4:56 PM
Presidents Rumen Radev (L) and Zoran Milanović in Zagreb.

President Radev: Skopje is blocking its own path to the EU

North Macedonia is preventing itself from joining the EU by failing to meet the membership criteria, Bulgarian President Rumen Radev said at a joint press conference in Zagreb with his Croatian counterpart Zoran Milanović. Radev stressed that..

published on 7/14/25 3:56 PM