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

Lukoil Neftohim Burgas will process Russian oil for another year, MPs decide

Photo: capital.bg

Bulgaria has decided not to revoke the EU's derogation on Russian oil imports for its only refinery, owned by Lukoil, for another year. The parliament's decision is final, as lawmakers voted on second reading an amendment to the law concerning restrictive measures in view of the Russian invasion of Ukraine. 

Thus, Lukoil Neftohim Burgas, the main domestic fuel supplier in Bulgaria, will work with Russian oil until September 30, 2024, when the derogation will be completely revoked. Until then, the refinery will have to gradually change the origin of the oil it works with. From October 2024, the refinery will have to process only oil of non-Russian origin. If Lukoil's Russian subsidiary in the country does not meet the condition of full diversification of crude oil supplies, the government will have to place the refinery and all other assets owned by Lukoil under state control through a special commercial manager.



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

Vazrazhdane leader Kostadin Kostadinov

More than 800 teachers and principals oppose the changes to the pre-school and school education act

More  than 800 teachers, principals and school psychologists have signed a petition opposing the changes to the pre-school and school education act banning LGBT propaganda in schools. Vazrazhdane party will file a signal to the prosecutor's office..

published on 8/22/24 6:51 PM
Viktoria Vasileva

Five members of the former parliamentary group of ''Velichie'' form a new party called ''It Makes Sense''

Five members from the former parliamentary group of ''Velichie'' announced that they are forming a new party called "It Makes Sense". Viktoria Vasileva will be its chairperson. She was previously part of the Union of Democratic Forces (SDS), There is..

published on 8/22/24 5:23 PM
Atanas Zafirov

BSP advocates restoration of old legislation on caretaker governments

In the next National Assembly, the Bulgarian Socialist Party (BSP) will propose a change in the constitution and a return to the old rules, particularly in the part on how caretaker governments are chosen. Atanas Zafirov, the interim leader of the..

published on 8/22/24 3:49 PM