Podcast in English
Text size
Bulgarian National Radio © 2024 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

Clouds will decrease, rain stops

Before midnight, the clouds will decrease and the wind will die down for the night. Tomorrow, 29 June, will be sunny. In the afternoon, there will be some cumulus clouds over the eastern half of the country and in the highlands, but there will be almost..

published on 6/28/24 7:05 PM
Ruse-Giurgiu bridge over the Danuce

Third Danube bridge and Ruse-Giurgiu ferry are key projects for the region

Bulgaria has a crucial role to play in the connectivity of several regions. It lies at a crossroads between the Balkan Peninsula, the Eastern Mediterranean and the Black Sea.   This was stated by Deputy Transport Minister Anna Natova at a meeting..

published on 6/28/24 5:10 PM

Over 7 thousand Bulgarians live in Albania

The Bulgarian population in Albania is 7,057 people - 3,691 men and 3,366 women. This is clear from the announcement of the National Statistical Institute INSTAT, quoted by BGNES.  This puts the Bulgarian community in third place in terms of..

published on 6/28/24 4:55 PM