Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Without Russian oil the only oil refinery in Bulgaria will stop working, head of "Lukoil Neftohim Burgas" says

Chairman of the Management Board of Lukoil Neftohim Burgas Ilshat Sharafutdinov.
Photo: Radio Burgas

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

GERB wants construction of units 7 and 8 of Kozloduy NPP to be completed on time

The construction of units 7 and 8 of the Kozloduy NPP is strategically important for Bulgaria, GERB leader and chairman of the party's parliamentary group, Boyko Borissov, says. Borissov, together with Minister of Energy Zhecho..

published on 3/24/25 1:25 PM
Japanese Ambassador Hisashi Michigami

The good friendship between Bulgaria and Japan has its history

The return of Japanese business to Bulgaria and the positive relations between the two countries could lead to a new "golden age" in the exchange between Japan and Bulgaria, as a starting point for this could be the upcoming World..

published on 3/24/25 1:15 PM
Vazrazhdane leader Kostadin Kostadinov

Vazrazhdane party files a vote of no confidence in the cabinet

Vazrazhdane party will submit a vote of no confidence in the government of Rosen Zhelyazkov due to "systemic failure in foreign policy". "Instead of defending the national interest, the cabinet is blindly following the confrontational line of the..

published on 3/24/25 10:28 AM