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ANAF appointed chair of the provisional creditors’ committee in the insolvency proceedings of Petrotel Lukoil Ploiești

Cristiana Dida

5 November 2026, 14:08

Current Affairs

Foto: Facebook/ Agenția Națională de Administrare Fiscală

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The National Agency for Fiscal Administration (ANAF) was appointed by the Prahova Tribunal as chair of the provisional committee of creditors of Petrotel Lukoil Ploiești, as part of the company’s general insolvency proceedings.

The court established the committee at Wednesday’s hearing. It consists of seven creditors with voting rights, selected based on the value of their claims. Alongside ANAF, the committee includes Litasco SA, Industrial Montaj SRL, Web Partners Industries SRL, Carpați COM SRL, TIAB SA and Spoting SA.

The judicial administrator was ordered to convene the first meeting of the creditors’ assembly, whose agenda will include confirmation or election of the final creditors’ committee.

The Prahova Tribunal opened general insolvency proceedings against Petrotel Lukoil on August 26 and provisionally appointed Dascăl Insolvency SPRL as judicial administrator. The company announced in October 2025 that it was completely shutting down the Ploiești refinery for a major overhaul. Subsequently, sanctions imposed by the United States on the Russian companies Lukoil and Rosneft contributed to keeping the refinery completely shut down.

Context: Petrotel Lukoil entered insolvency after suspending operations and under the pressure of sanctions

Before the appointment of the creditors’ provisional committee, the Petrotel Lukoil refinery had entered insolvency as a result of difficulties caused by the international sanctions imposed following the war in Ukraine. The company announced that it was entering insolvency, saying it needed the legal framework to protect its operations and stabilize its commercial relationships, given that the refinery was shut down and the sanctions had blocked the resumption of operations.

The insolvency decision came after Petrotel accumulated current debts of more than 936 million lei and claims of 225.5 million euros owed to Litasco, while the proceedings were linked to the suspension of operations in the context of the sanctions. Meanwhile, discussions about a possible change in control over Lukoil’s international assets continued: a consortium led by Todd Boehly prepared an offer for the group’s foreign assets, but the transaction depended on approvals from U.S. authorities regarding the sanctions (OFAC).