Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Energy Minister learned about sale of Lukoil Neftohim Burgas from the media

Photo: BTA

Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim Burgas. Yesterday, the Financial Times, citing its own sources, reported that Russian energy giant Lukoil plans to sell its majority stake in its refinery in Bulgaria, the company's largest asset in the Balkans, to a British and Qatari consortium by the end of the year. "This is what worries me personally - the lack of any information through official channels," Malinov said. "I also could not comment on the new owner mentioned by you, the media, because I am not familiar with the structure or the nature of this ownership arrangement," he added.

Malinov said that he would make formal enquiries to the refinery's shareholders and management about the potential deal, after which a thorough analysis of the fuel market in Bulgaria and the impact of the possible sale on the state's fiscal policy would be made. He said that at the moment he could not say how it would affect the domestic fuel market and budget revenues, especially considering the excess profits tax on Lukoil Neftohim Burgas. Bulgaria holds a "golden share" in the refinery, but has limited rights attached to it.



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

Kostadin Kostadinov

Vazrazhdane party calls for recount of the votes in the elections

Vazrazhdane calls for a recount of the votes from the early parliamentary elections, party leader Kostadin Kostadinov has told BNR. "It will perhaps show that there are protocols that do not match with the contents of the bags with..

published on 11/3/24 3:00 PM
Asen Vasilev

PP-DB collect evidence of election rigging

"We Continue the Change - Democratic Bulgaria" are reviewing the video recordings from the election sections in order to collect evidence of vote rigging, PP co-chairman Asen Vassilev told BNR. At the moment when sufficient facts are..

published on 11/3/24 2:20 PM
Kamelia Neikova

Vote recount can only happen after decision of the Constitutional Court

"When I look at the CCTV footage, I have the feeling that some of the sectional election commissions did not work according to the rules." That is how chair of the CEC, Kamelia Neikova, commented information about manipulations related..

published on 11/3/24 1:05 PM