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Romania and Bulgaria rush to secure energy before US oil sanctions hit – TVP World

Romania and Bulgaria rush to secure energy before US oil sanctions hit – TVP World

With U.S. sanctions on Russian oil days away, Romania and Bulgaria are scrambling to protect their energy sectors.  Romania plans to take over the Petrotel Lukoil refinery, which meets a quarter of its fuel needs, after efforts to find a private buyer fell through.  In Bulgaria, where Lukoil’s massive Burgas refinery supplies 80% of the nation’s fuel, lawmakers have rushed through a bill allowing the government to assume control.  Analysts say the decisions could bring both countries a step closer to real energy independence, though short-term disruptions remain likely. 

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