BUCHAREST, November 21. /TASS/. The Romanian government will adopt a regulation allowing for additional restrictive measures against the Petrotel refinery, owned by Russian oil major Lukoil and subject to US sanctions since November 21, Romanian Prime Minister Ilie Bolojan announced at a press conference.
"On Monday, we will publish a regulation <...> by which Romania establishes a sanctions mechanism that complements the current framework, which allows us to impose sanctions only based on decisions taken by EU countries," he said.
"Depending on how the situation develops, we will decide in December whether this mechanism will be activated or not."
Bolojan noted that the current mechanism involves monitoring the activities of Lukoil companies "to ensure that their businesses are independent."
"Regarding cooperation between Lukoil and Romgaz in energy exploration and production in the Black Sea, we have taken the necessary measures to ensure Romgaz is not harmed by these sanctions," the Prime Minister stressed.
