Bulgaria has received a six-month extension of the general license from the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury
Lukoil Neftohim has already secured the necessary oil supplies through the end of September, and negotiations are currently underway to secure supplies
The government has decided to lift the ban on exports of diesel fuel and kerosene. The restriction was imposed in late October following Washington’s decision
I cannot guarantee that we will avoid arbitration, said Prime Minister Rumen Radev during Friday’s parliamentary session, commenting on the case filed against Bulgaria by “Litasco”
Logistics costs at the Lukoil refinery have increased by a factor of 10 compared to pre-crisis levels. This was stated by Acting Energy Minister Traicho Traikov
Oil supplies for March will arrive. However, for April, "we will have to see how the military action develops and whether all contracts will be fulfilled."
Litasco SA, a Swiss-registered company that is part of Russia’s Lukoil group and the direct owner of Lukoil Neftohim Burgas and Lukoil Bulgaria
In an unprecedentedly swift move, the law giving the state real control over the activities and ownership of Lukoil-related companies in Bulgaria was finally adopted
Lukoil Litasco, the owner of the oil refinery in Burgas, denied information reported by the Financial Times that the site would be sold to a Qatari-British consortium
Eleven Bulgarian companies are among the 100 largest companies in South-Eastern Europe according to the SEE TOP 100 annual ranking for 2023
Greek businessman Dimitrios Dotsios has teamed up with American consulting giant McKinsey in an attempt to buy the Lukoil Neftohim refinery in Burgas
