Text size

Lukoil Neftohim Burgas will process Russian oil for another year, MPs decide

published on 9/28/23 4:48 PM

Photo: capital.bg

Bulgaria has decided not to revoke the EU's derogation on Russian oil imports for its only refinery, owned by Lukoil, for another year. The parliament's decision is final, as lawmakers voted on second reading an amendment to the law concerning restrictive measures in view of the Russian invasion of Ukraine.

Thus, Lukoil Neftohim Burgas, the main domestic fuel supplier in Bulgaria, will work with Russian oil until September 30, 2024, when the derogation will be completely revoked. Until then, the refinery will have to gradually change the origin of the oil it works with. From October 2024, the refinery will have to process only oil of non-Russian origin. If Lukoil's Russian subsidiary in the country does not meet the condition of full diversification of crude oil supplies, the government will have to place the refinery and all other assets owned by Lukoil under state control through a special commercial manager.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News derogation EU rectrictive measures Lukoil Neftohim Burgas National Assembly Russian oil Ukraine

More from category

Bulgarian and Turkish Chief Prosecutors meet in Sofia

The Bulgarian and Turkish Chief Prosecutors, Borislav Sarafov and Muhsin Şentürk, held an official meeting in the Court House in Sofia . This is Muhsin Şentürk's first official visit to Bulgaria since taking office and follows the visit of a delegation..

published on 4/14/25 2:49 PM

Minister of Labour and Social Policy Borislav Gutsanov

Shadow economy 24% in Bulgaria, says Social Affairs Minister

Bulgarians, especially young people, need to understand that it is essential to have an employment contract to protect their labour rights, Labour and Social Policy Minister Borislav Gutsanov said in Varna. He noted that the informal economy in..

published on 4/14/25 2:40 PM

Five out of seven paediatricians leave Sofia city hospital

Five out of seven paediatricians at the capital's Fifth Multiprofile Hospital for Active Treatment "Knyaginya Klementina" have submitted their resignations over low salaries, said Dr Tatyana Dolomanzhi, a resident doctor at the health facility. The doctors,..

published on 4/14/25 1:43 PM