Bulgarian Customs Investigates Lukoil Neftohim Amid Russia Restrictions

Business » ENERGY | January 1, 2024, Monday // 16:38
Bulgaria: Bulgarian Customs Investigates Lukoil Neftohim Amid Russia Restrictions

The National Customs Agency has launched a comprehensive inspection targeting Lukoil Neftohim Burgas, the Rosenets oil port, and over 50 tax warehouses across Bulgaria that are under restrictive measures due to Russia's invasion of Ukraine, as confirmed by the agency.

This intensive scrutiny involves meticulous documentation and assessment of available volumes of crude oil imported from Russia, along with the petroleum products derived from it, in line with the derogation granted by the EU amidst the ban on Russian imports.

Notably, the ban on Burgas Refinery exporting products manufactured from Russian oil goes into effect immediately. Furthermore, starting from March 1, the prohibition will extend to the processing of oil originating from Russia.

This comprehensive inspection signifies a proactive stance by the National Customs Agency to ensure compliance with the evolving regulatory landscape amid geopolitical tensions, specifically pertaining to Russia's conflict with Ukraine.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: National Customs Agency, Lukoil, Russia, EU

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria