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Delyan Peevski (L), Kiril Pertkov

MPs wrangle over whether the state should acquire Lukoil, Burgas oil refinery

The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..

30.01.25 15:41 |
Delyan Peevski

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

29.01.25 11:58 |
Lukoil Neftochim in Burgas

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

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..

06.11.24 11:55 |
Peter Szijjarto (R) during a meeting with Bulgaria's caretaker Energy Minister Vladimir Malinov in Bucharest

Bulgaria has offered to help Hungary over ban on transit of oil across Ukraine, Hungarian foreign minister says

Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..

24.07.24 17:54 |
Port Rosenets

Constitutional Court confirms termination of Lukoil’s concession of oil port Rosenets

The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is unconstitutional. Parliament adopts fast-track procedure to terminate Lukoil's concession..

17.05.24 09:01 |

Payment made by Lukoil to state fund lower than sum set down by Energy Ministry

The oil refinery Lukoil Neftohim Burgas has made payments to the Electricity System Security Fund amounting to 45 million Leva (EUR 22.9 million), a sum lower than the sum set down by the Ministry of Economy, the Fund told the BNR...

20.01.24 13:43 |

US Congress Committee requests clarification regarding Lukoil Burgas and the import of Russian oil

The US has officially asked for clarification regarding what legislative amendments connected with Lukoil, Russian oil and the derogation for its import have been adopted by Bulgarian parliament.   The request was made by the Foreign..

21.12.23 11:42 |

The state will not allow fictitious sale of Lukoil refinery

If there is a sale of Lukoil, it should be to a clear owner, a strategic investor in the company. This was stated by Finance Minister Assen Vassilev to Nova TV. The comment is about the information that Lukoil is reviewing its operation in Bulgaria and..

11.12.23 10:52 |
Bulgarian President Rumen Radev.

Bulgarian president victim of video hoax 

A fake video with the image and voice of the Bulgarian president has been removed from the Internet , the Interior Ministry's press centre said. The immediate action by the specialised services of the General Directorate for Combating Organised Crime was..

09.12.23 15:26 |

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

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..

06.12.23 12:12 |
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