Refinery

Greeks cut down on energy consumption

Households and businesses flipped their electricity and gas switches in 2022 to cope with high prices.

Official data from the Independent Power Transmission Operator (ADMIE) and the Natural Gas System Operator (DESFA) for the January-November period showed a plunge in demand for electricity by 25.07% and natural gas by 17.8%.

Lukoil in Talks to Deliver Iranian Crude to Its Bulgaria, Italy Refineries

Lukoil's Vice President Vladimir Nekrasov has said the company is negotiating with Iranian authorities on the supply of Iranian crude oil to refineries in Bulgaria, Romania, and Italy.

The "oil exchange", which foresees deliveries of crude from Iran in return for a refined product sent to the Islamic Republic, Russian daily Kommersant has quoted Nekrasov as telling journalists.