Text size

Lukoil Neftohim Burgas will process Russian oil for another year, MPs decide

published on 9/28/23 4:48 PM

Photo: capital.bg

Bulgaria has decided not to revoke the EU's derogation on Russian oil imports for its only refinery, owned by Lukoil, for another year. The parliament's decision is final, as lawmakers voted on second reading an amendment to the law concerning restrictive measures in view of the Russian invasion of Ukraine.

Thus, Lukoil Neftohim Burgas, the main domestic fuel supplier in Bulgaria, will work with Russian oil until September 30, 2024, when the derogation will be completely revoked. Until then, the refinery will have to gradually change the origin of the oil it works with. From October 2024, the refinery will have to process only oil of non-Russian origin. If Lukoil's Russian subsidiary in the country does not meet the condition of full diversification of crude oil supplies, the government will have to place the refinery and all other assets owned by Lukoil under state control through a special commercial manager.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News derogation EU rectrictive measures Lukoil Neftohim Burgas National Assembly Russian oil Ukraine

More from category

Bulgaria and Spain discuss their cooperation in Antarctica

A seminar titled ''Science in Antarctica - Bulgaria and Spain in Antarctica'' will be held today at the Egg Hall of the Sofia University "St. Kliment Ohridski". The Bulgarian Antarctic Institute said that the seminar aims to present the origins,..

published on 10/3/24 7:05 AM

Daytime temperatures on the rise, no precipitation on Thursday

On Thursday , the minimum temperatures will be between 5 and 10°C, in Sofia 6°C. The day's highs will be from 23°C to 28°C , in the capital it will be 25°C. During the day it will be sunny with scattered high clouds. It will become..

published on 10/2/24 7:35 PM

Prime Minister Glavchev: Currently there is no threat to the security of the country

At present, there is no information indicating a threat to the security of Bulgarian citizens. However, enhanced security measures have been taken in the country and security has been provided at strategic locations. This was announced after the end..

published on 10/2/24 7:20 PM