According to a joint investigation by Global Witness, the Centre for Energy and Clean Air Research (CREA) and the Centre for the Study of Democracy (CSD), Neftochim Burgas, Bulgaria’s largest refinery, is allegedly taking advantage of Bulgaria’s sanctions exemptions and buying Russian crude oil worth an estimated €1.13 billion in direct tax revenues for Moscow.
The investigation revealed on Thursday 9 November highlights that the refinery - which is majority owned and operated by...