BAKU, Azerbaijan, March 1. Bulgaria has suspended imports of Russian oil for further processing at Lukoil refinery in the country from March 1, 2024, Trend reports.
The relevant decision was adopted by the Parliament of Bulgaria back in December 2023.
Thus, in December 2023, the Bulgarian Parliament unanimously
approved laws restricting the export of gasoline derived from
Russian oil beginning January 1, 2024. Furthermore, the law
stipulated that the processing of Russian-origin oil at the Lukoil
refinery in the southern port city of Burgas would end on March 1,
2024.
Bulgarian Prime Minister Nikolay Denkov commented on the suspension
of Russian oil supplies, stating that this could lead to an
increase in fuel prices in Bulgaria because oil must now be
supplied from more distant sources.
At the same time, he believes it is critical to maintain the Lukoil
refinery operational to avoid a dramatic price increase.
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