President Rumen Radev has returned for a new discussion in parliament the adopted legal amendments, according to which the sale of assets of Russian company Lukoil in the country will take place after a decision of the Council of..
The European Commission expects Bulgaria to provide a position and assessment of the possible consequences for the Lukoil refinery in Burgas as soon as possible after the imposition of US sanctions against the Russian company. This..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil, Bulgarian Petroleum and Gas Association Chairman Svetoslav Benchev told BTA. "For now, I..
A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of Russian company Lukoil in Bulgaria, Dnevnik has reported, quoting Capital. Last month, CEO and co-owner..
Lukoil's subsidiaries in Bulgaria are under unprecedented pressure and the company is considering selling assets in the country, Russian Ambassador to Sofia Eleonora Mitrofanova said in an interview with state-run RIA Novosti...
Delyan Peevski has alerted the Commission on Protection of Competition (CPC) about a possible fuel cartel involving Lukoil, the press office of the Movement for Rights and Freedoms- New Beginning said. Delyan Peevski asked CPC to conduct a..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
