"Lukoil Neftohim Burgas" will fulfill its commitment to switch to non-Russian oil processing, company representatives said at a meeting with Bulgarian Prime Minister Nikolai Denkov. They discussed the deadlines for this before the expiry of the EU derogation for Bulgaria for import of Russian oil in the end of 2024.
Denkov has requested that Lukoil must regularly pay the advance taxes to the state budget. In addition to the 10% corporate tax, by law the company must also pay a 33% temporary solidarity contribution. Lukoil representatives have confirmed their readiness to fulfill their obligations, the government reports.
Bulgaria expects reliable supplies and predictable fuel prices, President Rumen Radev also said in a conversation with the management of the company after the meeting of the Prime Minister.
The political crisis is not affecting the economy in the short term – within 1-2 years , says Assoc. Prof. Krassen Stanchev from the Institute for Market Economics. “The political crisis is affecting those who are highly regulated – mostly big..
The Council of Ministers has approved a Memorandum of Understanding between the Government of Bulgaria and Smart Solar Technologies AD to implement a priority investment project for a "Solar Panel and Cell Manufacturing Plant." This project will be..
For the first half of 2024, the fast loans reached over 3 billion euros, according to the Bulgarian National Bank (BNB) . In comparison, at the end of June 2023, the granted quick loans totalled 2.5 billion euros. According to the..
The final price proposed by Bulgargaz for the sale of natural gas to its customers in October is BGN 63.72 (EUR 32.58) per megawatt-hour before tax. The..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
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