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Rumen Radev

Rumen Radev refers termination of Lukoil’s concession of Port Rosenets to the Constitutional Court

President Rumen Radev has referred the "overhasty" termination of Lukoil’s concession of Port Rosenets to the Constitutional Court, the presidential press centre has announced. Parliament adopts fast-track procedure to terminate..

04.08.23 10:56 |

PM Denkov: Steps for the termination of Rosenets port concession are stipulated in the contract

Prime Minister Nikolay Denkov said that the concession of the port of Rosenets can be terminated , as the necessary actions for this are described in the contract. Referring to the proposal of the We Continue the Change-Democratic Bulgaria (PP-DB),..

03.08.23 15:06 |

Three parliamentary groups submit a proposal to revoke Lukoil's derogation for Russian oil imports 

GERB-SDS, We Continue the Change-Democratic Bulgaria (PD-DB) and the Movement for Rights and Freedoms (MRF) have submitted to the National Assembly a motion to revoke Lukoil's derogation for importing Russian oil. They also demanded the appointment of a..

29.07.23 09:54 |

GERB-SDS: Derogation for import of Russian oil should be cancelled

The derogation for the import of Russian oil should be cancelled, proposed GERB-SDS MP Delyan Dobrev at a meeting of the parliamentary Budget Committee. According to him, Lukoil has earned billions from importing oil into the country, thus co-financing..

25.07.23 16:08 |

"Lukoil" says it will seek its rights in court

"Lukoil Neftohim Burgas" announced that it would go to court to protect its business reputation. The position is in response to what was said by the co-chairman of the PP, Kiril Petkov, that a proposal "to bring back the control of..

20.07.23 16:06 |

PP/DB proposes an end to Lukoil concession at Rosenets Port

“We are submitting a proposal for putting an end to Lukoil ’s concession of Port Rosenets,” We Continue the Change (PP) co-chair Kiril Petkov told reporters in parliament. “I have always had doubts what kind of control there is at this..

19.07.23 09:55 |

Russian oil company Lukoil fined for having monopoly on the Bulgarian market

Bulgaria's Commission for the Protection of Competition has imposed a fine on Lukoil-Bulgaria and Lukoil Neftohim Burgas" of over 82 million euros due to their monopoly position on the fuel storage market. In order to preserve their monopoly, for..

05.04.23 13:45 |
Hristo Aleksiev

Transport Minister: Lukoil to pay €306.6 million in taxes in Bulgaria next year

Lukoil Litasco has moved its entire economic activity to Bulgaria, interim Transport Minister Hristo Aleksiev confirmed in Parliament. "It already pays taxes here, and it will pay taxes in Bulgaria next year," he said.  The minister said the..

06.01.23 14:12 |

Bulgarian parliament discusses ban on re-export of Russian oil products

The budget committee of the Bulgarian parliament has not approved the ban on export of refined petroleum products from Russian crude oil. The measure was approved by the energy committee. MP Yordan Tsonev of the Movement for Rights..

06.12.22 12:00 |

Bulgaria considers taking control over Lukoil Neftohim refinery in Burgas

The possibility of having the "Lukoil Neftohim Burgas" refinery under state control is being considered after it became known that the Italian government had taken control over the management of Lukoil's refinery in Italy to serve..

02.12.22 16:18 |
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