Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..
According to the London Stock Exchange (LSE), in January Bulgaria replaced imports of Russian oil with imports from Kazakhstan, Iraq and Tunisia , reports BTA, citing Reuters. Bulgaria has a derogation from the EU embargo against Russia, allowing it..
“Not in the space of three days, yesterday Lukoil was ready to switch entirely over to non-Russian oil, with a reduced operating capacity for Neftochim, but enough to meet the country’s needs of fuel,” Delyan Dobrev, chair of the National Assembly’s..
At this stage, there is no procedure launched by the European Commission against Bulgaria, EC spokesperson Daniel Ferrie said. This is how he answered the question whether there was an investigation against the country due to reports..
On Monday, the three parliamentary groups supporting the government agreed that GERB-SDS and MRF would cancel the proposal to immediately end Lukoil’s derogation for import of Russian oil, if the refinery in Burgas paid nearly 750..
The Lukoil-Neftohim refinery in Burgas, which is the main supplier of fuel on the Bulgarian market, must continue to operate at maximum capacity and with non-Russian oil. This is what Minister of Economy Bogdan Bogdanov has told..
The prices of mass fuels will exceed BGN 3 per liter . Such are the forecasts of the Association of Fuel Traders and Producers, as the price is expected to rise by around 8-9%. Oil traders have warned that the removal of the derogation for..
The Bulgarian state enterprise "Ports Infrastructure" has received a license to operate the Rosenets oil port . This is what the Minister of Transport, Georgi Gvozdeikov, has told journalists. The minister arrived at the port to..
Bulgaria's Agriculture Minister Kiril Vatev has presented Bulgaria's problems with sunflower and milk powder to the EU Agriculture Council in Brussels. A good harvest is expected in Bulgaria, but due to the cheap import of sunflower and oil from..
