Sergey Kondratiev, Deputy Head of the Economic Department of the Institute for Energy and Finance, commented to the Kommersant newspaper about the Russian oil supply to Italy.
The Italian authorities may apply to the EU with a request to postpone the embargo on oil from Russia for the LUKOIL ISAB refinery in Sicily, Reuters quotes the Minister of Economic Development of this country, Adolfo Urso. The ban on oil supplies from the Russian Federation, which comes into force on December 5, could lead to a shutdown of the plant, which is now supplied with Russian raw materials.
According to Sergey Kondratiev, it will not be easy for the Italian government to achieve a delay - this could set a precedent for other refineries, such as Lukoil's refinery in Romania. The EU is likely to try to avoid granting individual exemptions, the expert believes, believing that a possible way out of the situation could be the transfer of the plant under state control.
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