Invest in Bulgaria - The Preferred Partner of Investors Seeking Opportunities in Bulgaria
Follow:
GUGUSHEV & PARTNERS is among the leaders on the Bulgarian legal market Comprehensive Organization of MBA and EMBA Study Trips in Bulgaria
NEWS BY TOPIC
FDI in Bulgaria (13)
Health (4)
Macroeconomic Data (49)
Business (361)
Investments (155)
Infrastructure (97)
Financial (126)
Economy (350)
Construction (14)
Politics (62)
Real Estate (27)
Interesting Facts (24)
Sports (10)
NEWS BY SECTOR
Software and Information Technology (28)
Real Estate (56)
Tourism (112)
Waste Management (9)
Automotive (23)
Electronics (3)
General (81)
Renewable Energy (66)
Agriculture (22)
Construction (90)
Food and Beverage (20)
Textile (2)

Russia Halts Oil Export, Bulgaria Demands Guarantees
RUSSIA HALTS OIL EXPORT, BULGARIA DEMANDS GUARANTEES
Date: 02/05/2011
Source: novinite.com
Russia Halts Oil Export, Bulgaria Demands Guarantees

Bulgaria's Economy and Energy Minister, Traicho Traikov, has asked for guarantees from Russia for enough fuels for the country's market amidst reports that the Federation is halting oil export.

On Sunday, on the grounds of an unprecedented global fuels crisis, Russia stopped exporting oil products with Russian media reporting that fuels export tax has gone up on May 1 by 44% to reach USD 408 per ton. With the measure, the Russian government aims at making oil products export less profitable and to overcome the crisis on its internal market.

Traikov has asked guarantees from the only oil refinery in Bulgaria – Lukoil Neftohim Burgas. An official response is yet to be received.

Darik radio cite their own sources saying the refinery imports only raw oil, not oil products, meaning the Russian decision would not have a direct effect on the volumes for Bulgaria.

It also remains unclear how the latest developments will influence raw oil prices, and consequently, fuel prices in Bulgaria.


Topic: Economy



Featured District
SMOLYAN DISTRICT AND CITY INFORMATIONSmolyan
Invest Bulgaria Charts
Exports of Goods and Services of Bulgaria
Exports of Goods and Services of Bulgaria

Exchange Rate Lev Against the US Dollar
Exchange Rate Lev Against the US Dollar

See all charts
Did You Know?
John Atanasoff
John Atanasoff
Did you know that professor John Atanasoff, a Bulgarian, built the world's first electronic-digital ... More

Vasil Levski national stadium - one of Bulgarias biggest sport sites - is located in the center of Sofia. Reconstructed in 2002, it has 43,632 seats and is eligible to host UEFA cup final matches.

Intelligence Pathways - Outsource your Business, Competitive Intelligence or Back Office to Bulgaria

Bulgaria Translation - Full service Bulgarian Translation company

© Copyright 2004-2020 Invest Bulgaria Group Ltd, Sofia, Bulgaria. All rights reserved.

 
Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.


SEO оптимизация Bulgaria Translation Bulgarian Agriculture Bulgarian Textile BestFlowers.bg Sofia Web Works Bulgarian Coins Intelligence Pathways Bulgarian Outsourcing

Crafted by Sofia Web Works. Maintained by Website Maintenance, the kings of Website Migration.


Our Featured Members