Bulgaria's oil derogation to end next year
Bulgaria will stop Russian oil imports from October 2024, so renouncing its exemption from EU sanctions against Moscow.
Initially Bulgaria had to stop importing Russian oil within a month. However, during the second reading in the economic commission on Wednesday, it was decided to allow Sofia one year to ease the transition of processing non-Russian oil in the Burgas refinery.
The so-called initiators of the bill were Boyko Borissov, Kiril Petkov, Hristo Ivanov, Delyan Peevski, Delyan Dobrev, Desislava Atanasova, Mustafa Karadayi and Ivaylo Mirchev.
Nexo case is off
Sofia City Court has canceled the European arrest warrants issued for two of the defendants in the crypto bank Nexo court case - Antoni Trenchev and Kosta Kanchev because of insufficient evidence and unlawful arrest.
The two, together with Trayan Nikolov and Kalin Metodiev, were accused of participating in an organized criminal group after the prosecutor's office, DANS (national agency of security) and the National Investigation Service launched an investigation and on January 12 of this year raided Nexo's offices.
According to the indictment, the group operated from the beginning of 2018 until January 12, 2023, when the action of the investigators began.
The prosecution had alleged that the group operated in Bulgaria, Great Britain and Northern Ireland and the Cayman Islands. Its crimes included money laundering, tax fraud, computer crimes and unlicensed banking activities.
Gas price slows down
The price of gas for the regulated market in October will be BGN 57.41/MWh following data presented by national distributor Bulgargaz.
The gas company announced that after submitting its proposal, there was a price increase on the gas exchange of 8% due to strikes and technical interruptions.
Nevertheless, it is expected that the price of gas in October will be about 5% lower than September's.
Bulgaria's oil derogation to end next year
Bulgaria will stop Russian oil imports from October 2024, so renouncing its exemption from EU sanctions against Moscow.
