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

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

Lukoil Neftochim in Burgas
Photo: BTA

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times. 

The deal is expected to be announced by the end of 2024. 

Lukoil has already sent a letter to President Vladimir Putin informing him of the intention to sell, the publication said. The deal has been expected to happen for months, but until now there was no official word. 

The chosen buyer is the Oryx Global consortium of Qatari businessman Ghanim Al Saad and London-based trading house DL Hudson. Neither company would confirm or deny the news to the FT. 

According to FT information, the state energy companies of Azerbaijan and Kazakhstan - Socar and KazMunayGas, as well as the Turkish oil group Opet - participated in the bidding for Neftochim.

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    Bulgarian oil refinery Financial Times Lukoil Neftochim Neftochim Burgas Russian oil company Lukoil

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
Partly Cloudy
Min: 14 | Max: 37
Clear
Min: 20 | Max: 33
Clear
Min: 21 | Max: 32
Clear
Min: 17 | Max: 38
Clear
Min: 20 | Max: 37
Clear
Min: 18 | Max: 37
Clear
Min: 17 | Max: 36
Clear
Min: 18 | Max: 36
Clear
Min: 17 | Max: 37
Partly Cloudy
Min: 13 | Max: 35
Clear
Min: 18 | Max: 36
Clear
Min: 19 | Max: 38
Clear
Min: 16 | Max: 37
Partly Cloudy
Min: 14 | Max: 33
Clear
Min: 18 | Max: 36
Clear
Min: 16 | Max: 38
Clear
Min: 19 | Max: 34
Clear
Min: 21 | Max: 39
Clear
Min: 21 | Max: 36
Clear
Min: 20 | Max: 36
Clear
Min: 12 | Max: 32
Partly Cloudy
Min: 15 | Max: 34
Clear
Min: 16 | Max: 38
Clear
Min: 18 | Max: 34
Clear
Min: 18 | Max: 38
Clear
Min: 17 | Max: 35
Clear
Min: 17 | Max: 37
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

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..

published on 6/24/25 4:13 PM

english@bnr.bg

+359 2 9336 661

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