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Out of all European countries, the war in Ukraine has affected Bulgaria most: State Intelligence Agency report

To attain its goals in the European countries, Russia has continued to use a vast array of hybrid tools. This is one of the principal conclusions in the 2022 annual report by the State Intelligence Agency (SIA). The report emphasizes that out of..

11.07.23 08:40 |

Russian oil company Lukoil fined for having monopoly on the Bulgarian market

Bulgaria's Commission for the Protection of Competition has imposed a fine on Lukoil-Bulgaria and Lukoil Neftohim Burgas" of over 82 million euros due to their monopoly position on the fuel storage market. In order to preserve their monopoly, for..

05.04.23 13:45 |
Alexander Nikolov

Russia will always be interested in the Burgas - Alexandroupoli oil pipeline

"When the so-called Energy Grand Slam (three major Bulgarian-Russian energy projects agreed in January 2008) was announced, a joint-stock company was created. Russia acquired 50% of its capital and the remaining 50% was shared equally between..

16.02.23 11:03 |

Government gives green light for construction of Alexandroupolis-Burgas oil pipeline

The Bulgarian Cabinet approved two agreements for the supply of oil and natural gas from Greece.  One of the memorandums gives a green light to the Ministry of Energy to work with the counterpart Greek ministry for the construction of the..

04.01.23 15:10 |
Dragomir Stoynev from the parliamentary rostrum

The state should appoint its manager in oil refineries, states Bulgarian Parliament at first reading

If necessary, the state can take control of the oil refineries in Bulgaria. This was adopted by MPs at first reading. According to the changes, control will be carried out by the Minister of Economy, who will have the right to appoint a special chief..

20.12.22 18:23 |

Bulgaria can export refined oil products from Russian crude only to Ukraine

Although the European Union has allowed Bulgaria to import Russian oil until the end of 2024, it cannot sell refined petroleum products made from Russian crude oil within the community or to third countries. This was decided by the..

17.12.22 14:57 |

Bulgaria will send infantry weaponry to Ukraine, Defence Minister says

“What we are sending is in the top three of Ukraine’s priorities of the weaponry it is asking of us,” Minister of Defence in the caretaker government Dimitar Stoyanov stated in an interview with bTV. “The lists have been coordinated with the..

05.12.22 09:20 |

Bulgaria considers taking control over Lukoil Neftohim refinery in Burgas

The possibility of having the "Lukoil Neftohim Burgas" refinery under state control is being considered after it became known that the Italian government had taken control over the management of Lukoil's refinery in Italy to serve..

02.12.22 16:18 |

European Commission fears Lukoil will export Russian fuels from Bulgaria

The European Commission is holding talks with the Bulgarian government due to concerns that refined Lukoil products may be exported from our country , EC spokesperson Daniel Ferrie announced. "Actually, Bulgaria enjoys a special derogation from the..

28.11.22 18:11 |
President Volodymyr Zelensky

Volodymyr Zelensky: As long as Russia has missiles, it will continue hitting Ukraine’s critical infrastructure

"Ukrainians must prepare for a long and hard winter marked by Russian attacks," President Volodymyr Zelensky said in his nightly address. “As long as they have missiles, they will continue hitting Ukraine’s critical infrastructure”, said Zelensky..

28.11.22 09:49 |
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