Text size

Lukoil Neftohim Burgas will process Russian oil for another year, MPs decide

published on 9/28/23 4:48 PM

Photo: capital.bg

Bulgaria has decided not to revoke the EU's derogation on Russian oil imports for its only refinery, owned by Lukoil, for another year. The parliament's decision is final, as lawmakers voted on second reading an amendment to the law concerning restrictive measures in view of the Russian invasion of Ukraine.

Thus, Lukoil Neftohim Burgas, the main domestic fuel supplier in Bulgaria, will work with Russian oil until September 30, 2024, when the derogation will be completely revoked. Until then, the refinery will have to gradually change the origin of the oil it works with. From October 2024, the refinery will have to process only oil of non-Russian origin. If Lukoil's Russian subsidiary in the country does not meet the condition of full diversification of crude oil supplies, the government will have to place the refinery and all other assets owned by Lukoil under state control through a special commercial manager.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News derogation EU rectrictive measures Lukoil Neftohim Burgas National Assembly Russian oil Ukraine

More from category

The seven hostages are pictured above. Matan Angrest is third from the left in the top row.

Bulgarian citizen among hostages released in Gaza

Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of Foreign Affairs announced on X. He was one of seven detainees freed early this morning. Thirteen more..

published on 10/13/25 2:06 PM

Vice President Iliana Yotova visits China

"We women must turn innovation into our ally, not a new barrier to human rights. We cannot allow women to bear the hidden cost of digital progress and artificial intelligence,' said Vice President Iliana Yotova, who is currently attending the 'Global..

published on 10/13/25 1:46 PM

There are no buyers for Lukoil Neftochim Burgas

There is no declared investor interest from a potential buyer and no negotiations for the sale of "Lukoil Neftochim Burgas". This was what Minister of Energy Zhecho Stankov told BNT. Bulgaria guarantees the energy security of the..

published on 10/13/25 10:49 AM