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

The state will not allow fictitious sale of Lukoil refinery

Photo: BTA

If there is a sale of Lukoil, it should be to a clear owner, a strategic investor in the company. This was stated by Finance Minister Assen Vassilev to Nova TV. The comment is about the information that Lukoil is reviewing its operation in Bulgaria and is considering selling its business in the country. To sell such a strategic asset to an offshore company is not acceptable to the government, Vassilev said. A sham sale will not happen while I am involved in the process, he promised. The minister explained that in 2023 Lukoil paid about 200 million euros in taxes.

Regarding the sale of Lukoil, Prime Minister Nikolay Denkov also told bTV that it was possible to look for different solutions, but the state must have a mechanism that does not allow a fictitious sale to an offshore company that cannot ensure the operation of the refinery in Burgas.



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

Series of violations found after flood in Elenite resort

An inspection has uncovered numerous violations following the recent flood in the Elenite resort complex. No records of environmental approval for the construction in Elenite were found in the archives of the Ministry of Environment and Water, Minister..

published on 10/31/25 3:50 PM
Delyan Dobrev

The ruling parties want to limit the export of some fuels in order to avoid speculation

The ruling majority has introduced a bill limiting the export of diesel and aviation fuel. “This is a temporary measure. There is fuel for months to come, not counting the State Reserve,” Delyan Dobrev from the GERB party, said...

published on 10/31/25 1:23 PM
Red Cross vehicles carrying the bodies of two deceased hostages handed over by Hamas

Hamas returns body of hostage who also had Bulgarian citizenship to Israel

Israel announced that it had identified the bodies of hostages Sahar Baruch and Amiram Kuper. They were handed over by Hamas on the evening of October 30 to the Red Cross in Gaza, BTA reported. "Following the identification process..

published on 10/31/25 1:04 PM