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

Bulgaria to tax excess profits earned on cheaper Russian crude

Photo: EPA/BGNES-archive

Following a decision of Bulgaria’s Parliament, excess profits earned from fuels produced with cheaper Russian oil will be subject to taxation. Consumers are to receive the price margin between the cheap Russian Urals crude, processed by Lukoil Neftohim oil refinery in Burgas, and the fuel sold at a price similar to the price of fuel produced with Brent crude (which is more expensive). 

"Lukoil will give 70% of the price margin between the two types of crude (Urals and Brent) to the Electricity System Security Fund. Later, the funds will be used to compensate transport users. The financial assistance will be based on social criteria.




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

The three national media outlets took to the streets in protest

Employees of the Bulgarian National Radio (BNR), Bulgarian National Television (BNT), and the Bulgarian News Agency (BTA) staged a protest today , demanding fair and dignified pay. Journalists, editors, camera operators, directors, technicians,..

published on 5/15/25 2:58 PM

Union members from Maritsa East 2 TPP show support for the public media protest.

Employees of the Maritsa East 2 Thermal Power Plant, affiliated with the Confederation of Independent Trade Unions in Bulgaria (CITUB) and the “Podkrepa” Labor Confederation, held a silent protest in solidarity with staff from the Bulgarian National..

published on 5/15/25 2:10 PM

Terminating the Botas contract would cost over €2 billion, says Energy Minister says Stankov

By the end of the year, Bulgargaz will have to pay an additional €10 million under the contract with Botas due to indexation. This information was reported by BGNES and confirmed by Energy Minister Zhecho Stankov. During the caretaker government of..

published on 5/15/25 2:02 PM