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Reuters
Reuters
Business
Tsvetelia Tsolova

Bulgaria may seek exception to any EU sanctions on Russian gas and oil

Bulgarian Prime Minister Kiril Petkov speaks during an interview with Reuters in Sofia, Bulgaria, March 7, 2022. REUTERS/Spasiyana Sergieva

Bulgaria supports sanctions on Russia as a means to halting its invasion of Ukraine, but will likely seek an exception on banning Russian natural gas and oil imports if such a proposal is put forward, Prime Minister Kiril Petkov said on Monday.

EU and NATO member Bulgaria is almost completely dependent on gas supplies from Russia's Gazprom, while its only oil refinery, owned by Russia's LUKOIL, provides over 60% of the fuel used in the country.

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