Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

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

Photo: Ani Petrova, BNR

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 the duration of 5 years they have limited imports by sea to the tax warehouses through the terminals "Rosenets" in Burgas and "Petrol" in Varna.

The commission has established that the Lukoil group owns the largest storage and related transportation network. Along with the high share of the fuel market, the suspension of imports is an abuse of a dominant market position, affects trade in the EU and the formation of wholesale and retail prices. 

The abuse violates national law and EU law, affecting the entire chain of prices for goods and services in Bulgaria, reads the analysis of the antitrust proceedings.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

EPPO presses charges against two Bulgarians suspected of fraud for EUR 66,750

The branch of the European Public Prosecutor's Office in Sofia has indicted two individuals suspected of fraud for EUR 66,750. The money comes from the European Social Fund and state co-financing, reported BNR’s correspondent in Brussels Angelina..

published on 2/28/25 12:25 PM

Ministry of Foreign Affairs advises against travel to Greece due to a national strike

The Ministry of Foreign Affairs has advised Bulgarian citizens to avoid traveling to Greece because of a planned national strike today. The Foreign Ministry advises people to check the situation in Bulgaria's southern neighbor and the timeliness of flight..

published on 2/28/25 11:31 AM
Rositsa Mateva

CEC Deputy Chair Mateva: Recalculation of election results should be ready by the end of next week

"We hope that by the end of next week, the calculations will be completed and the results will be submitted to the Constitutional Court", Central Election Commission (CEC) Deputy Chair Rositsa Mateva told public broadcaster BNT regarding the..

published on 2/28/25 11:22 AM