The Romanian government has adopted Government Decision no. 69, which establishes extended oversight over the entities of the Lukoil group operating on national territory. This measure comes in response to the economic impact of international sanctions, aiming to protect the extraction and processing markets of oil. The targeted companies include Lukoil S.R.L. and the Petrotel-Lukoil refinery in Ploiești.
Extended oversight allows the Romanian state to take control over Lukoil's strategic decisions, ensuring that the refinery operates with non-Russian oil and that deliveries to the domestic market are maintained. The new supervisor, Ion-Bogdan Bugheanu, will have enhanced powers, including the right of veto over supply and financial transfers. In the event that the owner decides to close the refinery, the state can appoint a third-party operator to avoid a shock to the fuel market. The measure allows the Ministry of Energy to collaborate with ANAF and the National Trade Register Office to verify Lukoil's compliance with activities.
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