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

Rumen Radev (L) and Luong Cuong (R)

President Rumen Radev: Vietnam is an important partner for Bulgaria

After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts to deepen cooperation between the European Union and Vietnam, reported BNR's special envoy to..

published on 11/25/24 9:51 AM
Rumen Radev and Desislava Radeva in Vietnam

Bulgaria's President will meet with the state and political leadership of Vietnam

Bulgaria's   President Rumen Radev, who together with his wife Desislava Radeva is on an official visit to Vietnam, will be welcomed with a ceremony at the presidential palace in Hanoi. There, Radev will hold talks with Vietnamese Head of State Luong..

published on 11/25/24 6:05 AM

Demonstrations against violence against women to be held in many Bulgarian cities

A protest march under the slogan "No more", organised by Feminist Mobilisations, will be held on today's International Day for the Elimination of Violence against Women in front of the capital's Courthouse. The aim is to draw public and..

published on 11/25/24 5:35 AM