If the import of Russian oil in Bulgaria stops, the only oil refinery in the country will stop working, said the Chairman of the Management Board of Lukoil Neftohim Burgas Ilshat Sharafutdinov. According to him the facility could also process oil from other countries, but that would take time, BNR Burgas reported.
In the 1960s the Bulgarian refinery was located on the Black Sea to receive oil from Russian ports, Zhivodar Terziev of the Bulgarian Oil and Gas Association said in an interview with BNR. Shipping oil only through the Bosphorus posed risks, Terziev said.
For the Bulgarian companies, a possible embargo on Russian oil would be the biggest problem because in recent years they have relied on 80-90% of supplies through the Burgas refinery, Terziev said.
The caretaker cabinet has approved state guarantees amounting to over EUR 79 million under loan agreements with the National Electric Company for financing the investment project on the modernization and rehabilitation of Chaira Hydro Power Plant...
According to the Bulgarian Consulate General in Valencia, no Bulgarian citizens have been reported dead or injured, the press office of the Bulgarian Ministry of Foreign Affairs told the BNR. There have been no reports of Bulgarian citizens in..
“I call for restraint on the part of politicians and for a constructive dialogue because the formation of a regular and stable government, such as we all want, is in their hands,” said caretaker PM Dimitar Glavchev at the beginning of today’s..
Three Bulgarian companies have been sanctioned by the US for enabling the Russian military industry. According to the US Department of State and..
Instead of calming society, the announcement of the election results generated tensions and raised questions about how fair the elections have been,..
On Friday morning visibility will be diminished in parts of the lowlands and valleys. Minimum temperatures 5-10° C., for Sofia 6° C. During the day..
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