With the entry into force in November 2023 of the Law on Compensation of Consumers for Transport Costs, persons producing petroleum products from crude oil originating in or exported from Russia are obliged to make monthly contributions to compensate consumers for transport costs.
The amount of the monthly contribution shall be determined by the Minister of Economy and Industry by the 15th day of the current month according to the formula set out in Article 4(4)(a). 1 of the Act.
The contribution for the month of June 2024, amounting to BGN 1 618 928, was determined by Order No. RD-16-645/15.07.2024 of the Minister of Economy and Industry Dr. Petko Nikolov.
Data for the calculation of the contribution were taken from:
The average monthly price for the month of June 2024 of Brent crude oil based on statistical data from U.S. Energy Information Administration for Europe Brent Spot Price FOB (Dollars per Barrel) as follows: USD 82.250 per barrel.
https://www.eia.gov/dnav/pet/pet_pri_spt_s1_m.htm
Average monthly price for the month of June 2024 of crude oil originating in or exported from Russia based on EU Council Decision (CFSP) 2022/2369 of 3 December 2022 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine as follows: USD 60 per barrel.
https://eur-lex.europa.eu/legal-content/BG/TXT/PDF/?uri=OJ:L:2022:311I:FULL
The value of the contribution in BGN is calculated at the average monthly exchange rate of the BNB
https://www.bnb.bg/Statistics/StExternalSector/StExchangeRates/MonthlyExchangeRates/index.htm
Customs Agency
The levy is on petroleum products produced on the territory of the Republic of Bulgaria from crude oil originating in Russia or exported from Russia for the month of June 2024 for the quantity of litres of petroleum products with CN code 27 10 exported from a tax warehouse for the month of June 2024, produced from oil originating in Russia or exported from Russia, according to data submitted by the Customs Agency.