"Bulgaria is preparing to seize control of Lukoil's Burgas oil refinery and sell it to a new owner after the Russian oil company came under US sanctions, according to Bulgarian media reports. Burgas is Bulgaria's only oil refinery and as part of Lukoil is at risk of having to shut down because of the sanctions. The US joined Britain last month in imposing sanctions on Russia's two largest oil companies, Lukoil and Rosneft, over Vladimir Putin's war in Ukraine."
"The Polish energy ministry told Reuters late on Wednesday: We are working with our partners Americans, Slovaks, Ukrainians on the possibilities of importing American gas to boost the energy security of our region. Slovakia's Putin-friendly prime minister, Robert Fico, has objected to EU restrictions on Russian gas imports. Reuters said that according to its sources, as much as 4bn-5bn cubic metres of US gas per year could be shipped by southern Poland to Slovakia about the same as Slovakia's annual consumption."
Bulgaria is preparing legal measures to seize and sell the Burgas oil refinery after Lukoil faced US sanctions. Burgas is the country's only refinery and faces possible closure if tied to sanctioned assets. The US and Britain imposed sanctions on Lukoil and Rosneft over Russia's invasion of Ukraine. Lukoil has said it is moving to sell foreign assets amid the sanctions. Poland is pursuing a deal to import US liquefied natural gas to supply Ukraine and Slovakia, and officials expect a joint declaration after a transatlantic energy conference in Athens. Reuters sources estimate southern Poland could ship 4–5bn cubic metres of US gas per year to Slovakia. The EU has proposed banning Russian LNG imports by 2027. Fighting continues around Pokrovsk in eastern Ukraine while Ukrainian general staff deny encirclement claims.
Read at www.theguardian.com
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