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Has Bulgaria’s energy market been upended by US sanctions?

US sanctions targeting Russian energy companies have caused significant disruption in Bulgaria, a country heavily dependent on Russian energy imports. The U.S. Department of the Treasury announced it has issued a license that opens the way for negotiations on a possible sale of Lukoil’s foreign assets. In response, the Bulgarian parliament overturned President Rumen Radev’s veto on a law enabling the government to take control of Lukoil’s refinery and sell it to protect it from US sanctions.

Across The Balkans, hosted by Semir Sejfovic, is TRT World’s programme that focuses specifically on the issues and fault lines shaping Southeast Europe today.

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