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National Customs Agency inspects Lukoil Neftohim Burgas 

The National Customs Agency is inspecting Lukoil Neftohim Burgas, the Rosenets oil port and more than 50 tax warehouses in the country that are subject to restrictive measures due to Russia's invasion of Ukraine, the agency said. The available..

01.01.24 14:47 |

US Congress Committee requests clarification regarding Lukoil Burgas and the import of Russian oil

The US has officially asked for clarification regarding what legislative amendments connected with Lukoil, Russian oil and the derogation for its import have been adopted by Bulgarian parliament.   The request was made by the Foreign..

21.12.23 11:42 |

MPs lift derogation for Russian oil

The National Assembly has voted in first reading to end prematurely the exemption for the import of Russian oil approved by the European Commission. The adopted amendments will ban the import of fuels produced from Russian crude oil from 1 March 2024..

18.12.23 14:10 |

Bulgarian lawmakers agree to end derogation for Russian oil on March 1

GERB-SDS, We Continue the Change - Democratic Bulgaria (PP-DB) and the Movement for Rights and Freedoms (MRF) have agreed to end the derogation for Russian oil. At a meeting in Parliament, the three formations decided that the sponsors of the two..

07.12.23 13:43 |

The early abolition of the derogation for the import of Russian oil to be voted in plenary

Even though the proposals for the early cancellation of the derogation for the import of Russian oil failed to garner a sufficient number of votes at today’s sitting of parliament’s Energy Committee, they will be submitted for discussion in plenary..

06.12.23 14:10 |
Finance Minister Assen Vassilev

Finance Minister: The cancellation of the derogation for Russian oil will not affect the Bulgarian market

The definitive lift of the derogation for Russian oil from March 1, 2024 should not affect the Bulgarian market and lead to price increases, Bulgaria’s Minister of Finance Assen Vassilev told journalists in Blagoevgrad, the BTA reported. The reason..

19.11.23 17:44 |
L-R: Assen Vassilev (PP/DB), Temenuzhka Petkova (GERB), Jordan Tzonev (MRF), Desislava Atanasova (GERB) giving a briefing, 17, November, 2023

GERB, MRF and PP/DB reach agreement on national budget and on Russian oil

The parliamentary groups of We Continue the Change/Democratic Bulgaria (PP/DB), GERB/SDS and the Movement for Rights and Freedoms (MRF) reached agreement on the parametres of the national budget for 2024, at a meeting attended by Finance Minister..

17.11.23 16:27 |
Delyan Dobrev and  Desislava Atanasova of GERB/SDS

Ruling majority divided over termination of derogation for use of Russian oil by Lukoil

“Not in the space of three days, yesterday Lukoil was ready to switch entirely over to non-Russian oil, with a reduced operating capacity for Neftochim, but enough to meet the country’s needs of fuel,” Delyan Dobrev, chair of the National Assembly’s..

16.11.23 12:10 |

Bulgarian Parliament is debating whether to drop the derogation for Russian oil

Today, the Bulgarian parliament will discuss in the first reading two draft laws on changes to the Law on the Control of Implementation of Restrictive Measures in view of Russia's actions destabilizing the situation in Ukraine. Their importers are..

16.11.23 07:05 |

Lukoil oil refinery issues position on the export of products made out of Russian oil

“Lukoil Neftochim Burgas exports petroleum products, made out of Russian crude oil, in strict observance of the frameworks of the established quotas and restrictions,” reads a position by the company released to the media. MPs call for..

11.11.23 14:48 |
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