In Bulgaria, the new government of Prime Minister Nikolai Denkov has ordered an investigation into the 2023 Bulgarian-Turkish agreement, which provides access for Bulgargaz to LNG terminals in Turkey and the Turkish transmission network. According to the government’s position, the agreement between Bulgargaz and BOTAŞ, which was concluded for a period of 13 years, is...
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Serbia has been taking active steps for several months to diversify the sources and directions of crude oil supplies to the country’s only operating refinery in Panchevo. Due to sanctions imposed on Russia, the plant is currently unable to import crude oil from that country. However, the government in Belgrade is in favor of building a pipeline linking Serbia and...
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The sixth package of sanctions against Russia introduced by the European Union in connection with the attack on Ukraine will have consequences for Serbian Pančevo refinery, owned by Russian companies. Deliveries to the plant are taking place via the Adria pipeline and the Omišalj oil terminal in Croatia, and the new sanctions prevent the unloading of Russian crude oil in EU...
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