EU-Sanctioned Russian Oil Still Hits Markets via Bulgaria

Even though the EU sanctions Russian oil, Bulgaria still allows crude to be processed at the Lukoil Burgas refinery. An investigation by Ukrainian journalist Mykhailo Tkach, working for the Ukrainska Pravda, shows that Lukoil’s Bulgarian Burgas refinery is still processing Russian crude. The volumes are being transported by Russia’s shadow fleet and transshipped offshore near the coast of Bulgaria. Tkach has made videos of the ship-to-ship (STS) transfers just opposite the port of Rosenets, the main port for crude oil deliveries to…