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

Media speculations appear that Lukoil in Burgas will be bought by Azerbaijan's SOCAR

Photo: Reuters

The Azerbaijani state oil company SOCAR is the most likely buyer of the Lukoil Neftohim Burgas refinery, reported the site of the Trud newspaper. At the end of April 2023, SOCAR opened an office in Sofia in the presence of the presidents of Bulgaria and Azerbaijan, Rumen Radev and Ilham Aliyev. At the same time, the Commission for Energy and Water Regulation granted a license to SOCAR Trading Gas and Power to trade natural gas on the Bulgarian market, Trud daily writes.

The famous economist Evgeny Kanev was the first to predict that the buyer would be SOCAR. He was joined on December 6 by Delyan Dobrev, the deputy from GERB, who is the chairman of the energy commission in the Parliament, according to the website of the Sega newspaper.

"Due to the geographical specifics of the production in Burgas and the logistics of supplying it with raw materials, the comments from the industry are that some interest in the refinery may come mainly from the Black Sea region, where the strong positions are held by the Azerbaijani state oil company SOCAR, which has a huge refinery in Turkey, and to Kazakhstan's KazMunayGas, owner of Romanian Rompetrol," wrote Capital.

SOCAR recently entered into an agreement with Russia's Lukoil, Reuters reported, according to which the Russian oil company will lend SOCAR $1.5 billion and supply SOCAR's STAR oil refinery in Turkey with up to 200,000 barrels per day of Russian crude oil.

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 News    Azerbaijan Burgas Lukoil Russian oil Turkey

More from category

Light precipitation is expected in the southern regions of the country

During the night, the sky will be mostly clear over most of the country. There will be more significant cloudiness over the southern regions and in some places light precipitation is possible. On Friday, it will be mostly..

published on 8/14/25 7:10 PM

Bulgarian services dismantle Spain-to-Turkey drug trafficking ring

An organised criminal group trafficking drugs from Spain and the Netherlands to Turkey has been dismantled by the State Agency for National Security (DANS) and the General Directorate for Combating Organised Crime (GDBOP). The leader of the group and..

published on 8/14/25 5:29 PM

Six European countries help Bulgaria fight fires

Last week, Greece, Spain, Bulgaria, Montenegro and Albania activated the EU Civil Protection Mechanism to help them deal with forest fires, many of which are occurring simultaneously across Europe, the European Commission announced...

published on 8/14/25 4:50 PM

WEATHER
Pick city: Sofía
Partly Cloudy
Min: 17 | Max: 34
Partly Cloudy
Min: 23 | Max: 28
Clear
Min: 22 | Max: 29
Clear
Min: 13 | Max: 34
Partly Cloudy
Min: 18 | Max: 32
Clear
Min: 14 | Max: 34
Partly Cloudy
Min: 17 | Max: 32
Clear
Min: 9 | Max: 29
Partly Cloudy
Min: 17 | Max: 32
Partly Cloudy
Min: 15 | Max: 33
Partly Cloudy
Min: 13 | Max: 33
Partly Cloudy
Min: 17 | Max: 33
Partly Cloudy
Min: 14 | Max: 33
Partly Cloudy
Min: 17 | Max: 30
Clear
Min: 17 | Max: 33
Partly Cloudy
Min: 14 | Max: 34
Clear
Min: 16 | Max: 32
Clear
Min: 19 | Max: 34
Clear
Min: 18 | Max: 32
Clear
Min: 16 | Max: 32
Partly Cloudy
Min: 14 | Max: 28
Partly Cloudy
Min: 18 | Max: 31
Partly Cloudy
Min: 18 | Max: 33
Clear
Min: 16 | Max: 32
Partly Cloudy
Min: 16 | Max: 33
Clear
Min: 13 | Max: 31
Clear
Min: 17 | Max: 32
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

German jets escort Ryanair flight from Sofia to London after hoax emergency call

German fighter jets escorted a Ryanair Boeing 737 from Sofia to London on 11 August after a false emergency call claimed there was a Palestinian..

published on 8/13/25 5:37 PM

ECB’s Lagarde welcomes design of Bulgaria’s €1 coin

European Central Bank President Christine Lagarde has welcomed the design of Bulgaria’s €1 coin in a Facebook post, the state news agency BTA reported...

published on 8/13/25 5:46 PM

Maximum temperatures will drop by 2-3°C during the day

On Thursday , the lowest temperatures will be between 16 and 21°C; in Sofia – about 18°C. During the day it will be sunny over most of..

published on 8/13/25 7:05 PM

english@bnr.bg

+359 2 9336 661

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