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

The government has already taken steps against Lukoil Neftochim, PM Denkov says

Nikolai Denkov
Photo: BGNES

“We are aware of Lukoil Neftochim’s corruption scheme for evading the EU and US sanctions against Russia,” commented Prime Minister Nikolai Denkov in Sofia.

According to a report by NGOs, the oil refinery in Burgas has made EUR 1 billion out of these violations. “The government has already taken steps. It increased the taxes Lukoil has to pay to bring down the excess profits that enter Russia to fuel its war. What could have been done has already been done,” the Bulgarian prime minister said. “That is an issue different from the issue of how Lukoil is evading the regulations by transfers from tanker to tanker, or by bringing oil into other countries with false documents. But it is not within the government’s powers to address that,” PM Denkov added. 



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

EU member states are expected to assess the amendments to Bulgaria’s Recovery and Resilience Plan

The European Commission has temporarily put on hold the preliminary assessment of Bulgaria’s request for the third payment under the national Recovery and Resilience Plan, amounting to EUR 1.6 billion, informed sources in Brussels told BNR...

published on 11/14/25 11:44 AM
The delegation of ‘BSP – United Left’ during a meeting with Nikolay Shulginov (M), Chairman of the State Duma Committee on Energy

A delegation of ‘'BSP – United Left’' paid a working visit to Moscow

Representatives of the coalition ''BSP – United Left'', which is part of the country’s government,  Rumen Petkov, Iliyan Sarandaliev, and MP Galin Durev paid a visit to Moscow. They held meetings with Nikolay Shulginov, Chairman of the State Duma..

published on 11/14/25 10:44 AM

Bulgarian brokerage companies involved in a scheme for laundering Russian money

Bulgarian intermediaries have been identified as some of the links in an investigation into an international scheme for laundering Russian money. BGNES cites data from Intelligence Online according to which two Bulgarian brokerage companies..

published on 11/14/25 9:07 AM