Bulgaria has agreed with Russia to continue oil exports bypassing EU sanctions
According to Hristo Alekseev, Bulgaria's Deputy Prime Minister for Economic Policy, this agreement will allow Bulgaria to replenish its budget by €350 million thanks to the oil export tax.
"From January 1, 2023, Lukoil will transfer all production, income and taxes to Bulgaria, and not, as it was before, to the Netherlands or Switzerland," the publication quotes Alekseev as saying.
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