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Lukoil to deliver Iranian crude to its refinery in Romania

By Anca Bernovici
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Russia’s Lukoil is negotiating with Iranian authorities on the supply of Iranian crude oil to refineries in Romania, Bulgaria and Italy, daily Kommersant informs, quoting Lukoil’s Vice President Vladimir Nekrasov.

If talks are successful, the ‘oil exchange’ could start as early as this year.

The increase of excise duties in Russia might make it less profitable for Lukoil or other companies to make oil products, Kommersant has noted.

Russia’s Petrotel Lukoil refinery in Romania processes 2.4 million tons of gasoline and diesel annually.

Reports come as Iran is working toward a strong return to the global markets, after the international community agreed to lift the sanctions imposed on it over its controversial nuclear program.

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Anca Bernovici

Anca Bernovici

I started my way in life with the intention to pursue a teaching career. But, after graduating from the Faculty of Letters – the University of Bucharest in 2004, my first job as a reporter at one of the leading newspapers in Romania changed my perspective. I have specialized in communication and communication campaigns, following the Master's courses at the Faculty of Journalism and Communication Studies (FJSC), attending a BBC Communications scholarship.
I’ve represented several important publications in Romania as business journalist, being accredited in the finance and banking field. In 2015, I had the opportunity to interview the International Monetary Fund (IMF) Mission Chief for Romania, Andrea Schaechter. As business journalist, I also had the opportunity to interview ministers for Economics and Commercial
Affairs offices within different embassies in Romania or officials of large companies investing on the domestic market.
After almost 15 years of journalism, I still want to explore new ways, to inform and stay updated. That’s why The Romania Journal project fits me so well.
Today I describe myself as a passionate about the history of world culture, having a PhD in Hebrew Culture and Civilization, after a scholarship at the University of Haifa International School, as a language addict, an environmental activist, pet lover and traveler.

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