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Energy Committee approves state control over "Lukoil Neftohim Burgas" refinery

Delyan Dobrev
Photo: BGNES

The Parliamentary Committee on Energy approved at first reading the bill providing for state control over the activities of the "Lukoil" refinery in Burgas. According to the text of the document, the government will be able to take over the operational management of the refinery in the event of a possible energy crisis.

It became clear that by 2021 the refinery was processing 50% of Russian oil, while by 2022 - 88%. "The reason is that since the beginning of the war in Ukraine, Russian oil has become 30-40% cheaper than non-Russian oil," committee chairman Delyan Dobrev said. "In this context, I find it difficult to understand the arguments that the refinery will close if we restrict the export of fuels derived from Russian oil. The only thing that can happen is that the refinery's excess profits will decrease," Dobrev added.

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