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83 new news items in the last 24 hours
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  2. International

Petrotel has stopped receiving Russian oil since December 5, 2022, using only oil in accordance with EU regulations. The refinery is in maintenance, and its future depends on the sale of Lukoil's assets.

Liviu Brăteanu
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26 November 2025, 11:41
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International
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According to Oil Terminal, the Petrotel refinery has not received Russian crude oil since December 5, 2022, using exclusively oil from sources compliant with European Union regulations, as a result of the sanctions imposed after the invasion of Ukraine. The refinery is currently under technical maintenance, and its restart has been postponed until December 15, in accordance with the deadline set by the U.S. for the sale of Lukoil's assets. This includes Petrotel and the network of service stations in Romania.

Lukoil is seeking a single buyer for its international assets, and the American fund Carlyle is a potential buyer. Petrotel represents an important client for Oil Terminal, contributing 20% to its revenues, and the closure of the refinery significantly affects port operations. Although the Romanian state considered a temporary takeover of the refinery, this option is no longer viable, and the government is working on a mechanism to manage similar situations. The future of the refinery and the network of service stations depends on ongoing international negotiations.

Sources

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Mediafax
Petrotel nu mai procesează țiței rusesc: Rafinăria Lukoil așteaptă repornirea după 13 decembrie
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psnews.ro
Petrotel nu mai rafinează de 3 ani petrol rusesc și nu are datorii la Oil Terminal. Repornirea rafinăriei, amânată

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NEWS ON THE SAME TOPICS

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Economy
Petrotel Lukoil refinery announces its entry into insolvency to protect its operations
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Economy
Petrotel Lukoil refinery has entered insolvency, having current debts of over 936 million lei and 225.5 million euros to the majority shareholder, Litasco.
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EU
ECFR analysts recommend that Romania coordinate with other EU states in reviewing a potential sale of Petrotel
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American billionaire Todd Boehly is preparing a bid for Lukoil’s international assets, valued at 20 billion dollars / The portfolio includes the Petrotel refinery
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Current Affairs
The Prahova Tribunal has decided to open insolvency proceedings for Petrotel Lukoil
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International
Putin discusses the sale of Lukoil assets, including some properties in Romania, with Trump’s envoys in a controversial deal
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Petrotel Russian ruble Lukoil

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