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The agreement with the aggressor country, according to the Bulgarian government,...

Bypassing embargo: Bulgaria agreed with Lukoil on the supply of petroleum products from the Russian Federation

The agreement with the aggressor country, according to the Bulgarian government, will bring 350 million euros to the state budget. The Bulgaria government has agreed with Lukoil to export Russian oil products to EU countries bypassing embargo. This was stated by Viceremier-Minister for Economic Policy, Christ Alekseev. According to him, Bulgaria accepted the proposal of "Lukoil" on the continuation of exports of Russian oil products to the EU countries bypassing the embargo.

The agreement, according to Christ Alekseev, will operate until 2024, taking into account the payment of taxes in full. Viceremier-Minister, commenting on an agreement with the Russian Lukoil ", also reported that the arrangement would bring an additional 350 million euros to Bulgaria's budget. "Today we have reached a very important step - from January 1, 2023" Lukoil "will transfer all production, income and taxes on payment to Bulgaria, not as it was - in the Netherlands or Switzerland.

During the week, after Bulgaria is accepted Legal acts, the leadership of Lukoil will decide to move to the scheme, in which he will transfer his real profit from oil processing to Bulgaria, "Alekseev added. The EuroActiv notes that the Bulgaria and Lukoil Agreement on the continuation of oil exports can be a precedent that will allow Russia to bypass the oil embargo, introduced by the European Union, in the future.