Lukoil Neftochim Burgas announces that there is no alternative to Russian oil in Bulgaria

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Lukoil Neftochim Burgas, a subsidiary of Lukoil, said there is currently no alternative to Russian oil for Bulgaria. This has been reported DEA News”.

“At the moment we don’t see any real alternatives as we don’t have other grades of oil in our market. “We can technically process oil from the Middle East and North Africa, but that will reduce the refinery’s capacity,” he said.

The publication states that market experts predict a 20-30% increase in fuel prices in Bulgaria in the event of an embargo on Russian oil.

It was previously known that the European Union was. offers A phased embargo on Russian oil imports.

Josep Borrell, head of EU diplomacy before that reportedHe said the sixth package of Europe’s sanctions against the Russian Federation would include linking new banks to SWIFT, new sanctions for “disinformation” and restrictions on oil imports.

February 24 Russian President Vladimir Putin declarationIn response to the request for help from the heads of the LPR and DPR, he decided to conduct a military special operation to protect Donbass.

The decision to run the operation was the reason for new sanctions against Russia by the United States and its allies.

“socialbites.ca” leader broadcast online.

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