The temporary waiver allows Lukoil Bulgaria Bunker to continue transactions until April 29, 2026.
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The firm made a profit of £2.88 million ($3.83 million) in calendar 2024, up from £960,897 the previous year but remaining below the £3.72 million profit noted in the year to June 30, 2023.
Tyre pyrolysis oil can be used in marine fuels and for road transport.
