site.btaParliamentary Committee on Energy Rejects Revocation of Russian Oil Derogation from Jan. 1 or March 15, 2024 the Latest

Parliamentary Committee on Energy Rejects Revocation of Russian Oil Derogation from Jan. 1 or March 15, 2024 the Latest
Parliamentary Committee on Energy Rejects Revocation of Russian Oil Derogation from Jan. 1 or March 15, 2024 the Latest
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At an extraordinary meeting, the Parliamentary Committee on Energy did not accept the revocation of Russian oil derogation granted by the European Commission (EC) to be as early as January 1, 2024 or at the latest on March 15, 2024.

The proposal to abolish the derogation for the import of Russian oil as of January 1, 2024 was submitted on Tuesday by GERB leader Boyko Borissov, the Chair of the Parliamentary Committee on Energy Delyan Dobrev (GERB-UDF) and Yordan Tsonev (Movement for Rights and Freedoms). 

Continue the Change - Democratic Bulgaria (CC-DB) argue that the earliest possible date for lifting the exemption is March 1, 2024, and the latest March 15, 2024. 

In 2022, the European Commission granted Bulgaria the derogation from the EU embargo on oil imports from Russia due to the country's specific geographic exposure. Under the effective legislation, the exemption is to be revoked on October 1, 2024, three months ahead of the initial December 31, 2024 deadline.

/КК/

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By 23:58 on 01.03.2024 Today`s news

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