The United Kingdom has issued a special license to maintain commercial relations with Bulgarian entities of Lukoil, in the context of sanctions imposed on Russia.

On Friday, the United Kingdom decided to grant a special license that allows the continuation of commercial and financial relations with two Bulgarian entities owned by the Russian company Lukoil, namely Lukoil Neftochim Burgas AD and Lukoil Bulgaria EOOD. This decision comes a month after London imposed sanctions against Russian oil companies, including Lukoil, a measure that has also been supported by the United States.

In the context of these sanctions, Bulgaria faces the risk of depleting its stocks of gasoline and diesel in a few weeks, according to statements from the head of the National Agency for State Reserves, Assen Asenov. Additionally, sources from Reuters suggest that the U.S. may issue a similar waiver for the Bulgarian entities, and the leader of the ruling coalition in Bulgaria, Boyko Borissov, has expressed hope for obtaining a six-month exemption from the American sanctions.