ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

There is interest in the sale of Lukoil refinery Bulgaria's Burgas

Photo: Lukoil Neftochim Burgas

The increased pressure of the Bulgarian government on the Russian companies operating in Bulgaria has caused Lukoil to start a procedure for the sale of its Burgas-based oil refinery, Bulgarian Finance Minister Assen Vassilev told the Financial Times. There are already "signs of interest" from a potential buyer. Only after the deal is completed will the profit tax for the refinery be reduced from 60% to 15%. 

The transition of production to non-Russian oil will cost around 500 ln euro, the publication writes.

Bulgaria's Prime Minister Nikolay Denkov has commented that it is not clear whether the expressed interest in the refinery will end with a purchase and everything depends on the owner Lukoil Bulgaria. "When it comes to such a large asset, there are quite a few stages before a successful final deal is reached," the prime minister added.

Lukoil Burgas is the largest Russian oil refinery in Southeast Europe. The company exports more than half of its production, with most of the diesel fuel going to Ukraine, the Financial Times specifies.

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.
Radio Bulgaria Economy    Burgas Lukoil oil refinery Russia Russian company

More from category

BNB: Household bank loans in Bulgaria increase by over 20% year-on-year

According to data from the Bulgarian National Bank, household bank loans in Bulgaria surpassed €25.5 billion mark , reaching €25.59 billion by the end of May 2025. The Bulgarian News Agency (BTA) reported that the total loan amount had increased by..

published on 6/24/25 4:13 PM

Labour force from the Bulgarian diaspora – a good idea, but it will not solve existing problems

A number of institutions – the Ministry of Labor and Social Policy, the Employment Agency, the Executive Agency for Bulgarians Abroad and the Ministry of Interior, as well as members of parliament, have made a clear commitment – ​​to..

published on 6/17/25 4:05 PM

The money transferred by Bulgarian emigrants to their country increase by 15.7% in Q1 of 2025

Bulgarians working abroad sent over EUR 420 million to their relatives during the first quarter of 2025. This amount is EUR 66 million higher than in the same period of 2025. The largest sum was sent by the Bulgarian diaspora in the United States,..

published on 6/16/25 9:13 AM

WEATHER
Pick city: Sofía
Clear
Min: 15 | Max: 36
Clear
Min: 18 | Max: 30
Clear
Min: 18 | Max: 28
Clear
Min: 14 | Max: 37
Clear
Min: 22 | Max: 36
Clear
Min: 16 | Max: 37
Clear
Min: 14 | Max: 36
Clear
Min: 14 | Max: 34
Clear
Min: 16 | Max: 35
Clear
Min: 13 | Max: 35
Clear
Min: 16 | Max: 35
Clear
Min: 18 | Max: 37
Clear
Min: 15 | Max: 36
Clear
Min: 13 | Max: 31
Clear
Min: 18 | Max: 36
Clear
Min: 15 | Max: 36
Clear
Min: 18 | Max: 34
Clear
Min: 20 | Max: 37
Clear
Min: 20 | Max: 35
Clear
Min: 18 | Max: 34
Clear
Min: 15 | Max: 31
Clear
Min: 17 | Max: 33
Clear
Min: 14 | Max: 36
Clear
Min: 15 | Max: 34
Clear
Min: 15 | Max: 36
Clear
Min: 14 | Max: 35
Clear
Min: 15 | Max: 36
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

Petroleum sector warns: EU directive could lead to fuel price spike

After the controversial success of the "Green Deal" and carbon emission quotas, which made electricity in Europe much more expensive..

published on 7/3/25 10:05 PM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"