Under another special exemption, the commission also allowed Bulgaria to export to Ukraine diesel products refined locally from imported Russian crude oil.
The increase in Bulgarian oil purchases is due to the exemption it received in June 2022 from the European Commission, allowing it to keep importing crude oil and petroleum products from Russia by sea until the end of 2024 despite the EU-wide ban in force since December last year.
"The capacity of the refinery in Burgas is 140,000 barrels per day and it can operate up to 10 percent above this capacity. The data for December of 150,000 barrels per day coincides with 100 percent processing of Russian oil," said Rangelova. In Bulgaria, politicians are watching keenly to see if LUKoil can finally pay up. As part of the EU's exemption, the Russian company vowed to pay local taxes from the revenue generated inside Bulgaria. That's something LUKoil has not done for years, with officials long suspecting the company was cooking the books.Since at least 2006, the company has regularly reported yearly financial losses with few exceptions. In 2020, that loss was a whopping 500 million lev .
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