According to dealers and LSEG data in January Bulgaria will replace the import of Russian oil with crude oil from Kazakhstan, Iraq and Tunisia. This was revealed by Reuters. Bulgaria has derogation from the European Union embargowhich allows it to continue importing Russian oil by sea in 2024. But Sofia has restricted exports of all … Read more
When the processing of oil is limited and the import of Russian oil is stopped in March for good, the price of diesel and gasoline will increase and reach the average European levels – about 1.60 euros – 3-3.20 BGN. Energy expert Yavor Kuyumdzhiev commented this to Radio “Focus”. Although there is no logic in … Read more
The European Commission will investigate Bulgaria after it emerged that Russian oil company Lukoil took advantage of a loophole in EU sanctions to raise 1 billion euros for the Kremlin’s military needs, POLITICO reported. Taking advantage of an exemption from the EU ban on Russian oil agreed last year, Bulgaria allowed millions of barrels of … Read more
On the previous trading day, LUKOIL shares rose by 1.26%, closing at 7335 rub. The paper looked at market level. The share trading volume on the main market amounted to RUB 10.8 billion. with an average of 8.1 billion rubles per month. Short term picture • LUKOIL shares continued to grow on Monday, but the … Read more