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

On first reading 

Parliament adopts fast-track procedure to terminate Lukoil's concession for Rosenets port 

Rosenets
Photo: BGNES

In a heated debate with 134 votes in favour, the Parliament adopted at first reading legislative amendments that will allow the state to terminate the concession of the port of Rosenets to Lukoil Neftohim Burgas under the fast-track procedure. 45 were against and 14 abstained.

The termination of the concession is in line with EU restrictive measures in view of Russia's invasion of Ukraine, the bill's sponsors explained. The proposal was tabled by GERB-SDS, "We Continue the Change-Democratic Bulgaria" (PP-DB) and the Movement for Rights and Freedoms (MRF). According to them, the termination of the concession will stop Russia from using Bulgarian infrastructure to finance the war.

PP-DB MP Daniel Lorer said the termination of the concession is based on the EU-wide sanctions regime. The Bulgarian Socialist Party (BSP) and Vazrazhdane were opposed. 

"Are you aware of the amount we will have to pay if they (Lukoil Neftohim Burgas - ed.) bring a case against us?" asked Borislav Gutsanov of the BSP.

If finally adopted, the bill would allow the concession to be terminated within a week, BTA reports. The state signed a concession contract with Lukoil Neftohim Burgas in 2011. The concession is for a period of 35 years.



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

122 years since the outbreak of the Ilinden-Preobrazhenie uprising

The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..

published on 8/2/25 7:05 AM

The Union of Thracian Societies commemorates the Ilinden–Preobrazhenie Uprising

In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..

published on 8/2/25 5:35 AM

Temperatures begin to rise over the weekend

On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..

published on 8/1/25 6:35 PM