“Bulgaria halts oil product exports to EU due to sanctions against “Lukoil”The National Assembly of Bulgaria approved a bill to suspend the export of oil products to European Union member states. This
decision is motivated by the need to ensure the country’s energy security and the stability of the domestic fuel market.
”, — write: unn.ua
DetailsIt is indicated that the parliament’s decision concerns the suspension of the export of intra-community supplies of petroleum products to EU countries. At the same time, the ban does not apply to refueling Bulgarian and foreign ships and aircraft. Also, supplies of fuel to the armed forces of EU and NATO member countries are excluded from the ban.
This measure is motivated by the need to ensure the country’s energy security and the stability of the domestic fuel market, given the sanctions recently imposed by the United States against the Russian company “Lukoil”
The authors clarify that “Lukoil” owns the largest oil refinery in the Balkans – “Lukoil Neftochim Burgas”. The sanctioned Russian company also owns the leading motor fuel retailer in the country – “Lukoil Bulgaria”, which also controls 40% to 60% of the wholesale fuel market.
RecallRecently, the Russian oil company “Lukoil” announced its intention to sell its foreign assets after the US Treasury Department imposed sanctions. Consideration of offers from potential buyers has already begun.
Lithuanian Railways to cease transportation of products from Russian company Lukoil31.10.25, 15:21 • 2424 views