As of December 5, 2022, Bulgaria will ban exports of fuels made from Russian oil in Lukoil Neftohim Burgas. Bulgaria’s outgoing government adopted the measure under an EU regulation from June 3, 2022, which allowed the country to continue importing oil from Russia until December 31, 2024.
The EU agreed to ban the direct or indirect purchase, import, or transfer into the EU of crude oil or petroleum products originating in Russia. Hungary and Slovakia also benefit from a temporary exemption and continue to receive crude oil delivered by pipeline.
After December 5, fuels derived from Russian oil will be sold on Bulgaria’s domestic market only. The government has set up a working group consisting of representatives of the National Revenue Agency, the National Customs Agency and the Bulgarian Petroleum and Gas Association to monitor the ban. According to the state authorities, the measure will lead to a reduction in fuel prices.
August is not the best month for an election campaign and elections should not be held before the middle of September. This was what President Rumen Radev, who participated in the "Bank of the Year" awards ceremony, said. "I am..
The Sand Sculpture Festival takes place for the 17th summer in a row in the city of Burgas. It will open its doors to visitors on July 5. The "Marina Zmeeva" ballet school and the musicians from the Burgas Wind Orchestra will have a special..
From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave. The official..
Hungary’s Deputy Interior Minister Bence Retvari stated that the abolition of Bulgaria and Romania’s Schengen borders by land is very important to the..
ContourGlobal Maritsa East 3 TPP has announced that another 160 people from the coal-fired power plant will be laid off in the coming months after the..
The position Bulgaria is going to the NATO summit with indicates that Bulgaria could offer Ukraine EUR 80 million , caretaker PM Dimitar Glavchev told..
+359 2 9336 661