Bulgaria will receive a delay on the embargo on Russian oil until 2025

Bulgaria has achieved a reprieve on the EU embargo on Russian oil supplies and continue to use it until the end of 2024, Prime Minister Kiril Petkov said at a briefing before the start of the second day of the EU summit in Brussels, BNT 1 TV channel reports.

According to Petkov, this exception will be spelled out in the final opinion of the Council of Europe, which will be released in two or three days.

“This exception was vital for us, and it is good that the delay is not one or six months, but until 2024, so that we can get our refinery up and running without impacting the price. This will give the refinery the opportunity to continue working and at the same time rebuild to work with other oil,” Petkov said.

According to him, Bulgaria became the only country with access to the sea for which such an exception was made in the new EU sanctions package.