“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.
Bulgaria has until 21 November to decide how to proceed with the Lukoil Neftochim refinery, Prime Minister Rosen Zhelyazkov said on Thursday ahead of a meeting of EU leaders in Brussels. He was apparently referring to the end of a US Treasury..
The Bulgaria army will make up for the lack of personnel but not immediately. For 2025, we have money to hire only 1,000 new soldiers, said Defense Minister Atanas Zapryanov before the relevant parliamentary committee. The committee supported the..
Bulgaria remains a net exporter of electricity and one of the pillars of the energy system in Southeast Europe. Electricity exports exceed imports by 3.1% in 2024. According to this indicator, the country ranks 11th in Europe. Among the..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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