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105 new news items in the last 24 hours
Thursday 12:40

The Bulgarian Parliament rejected President Rumen Radev's veto, allowing the government to take control of the Lukoil refinery and to sell it in order to avoid US sanctions.

Sanziana Georgescu
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International
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The Bulgarian Parliament has decided to reject President Rumen Radev's veto on a law that allows the government to take control of the Lukoil Neftochim Burgas refinery, the only refinery in the country, and to sell it to protect the asset from sanctions imposed by the U.S. These sanctions, which affect Lukoil and Rosneft, have raised concerns about fuel supply in Bulgaria.


The law approved by parliament grants a government-appointed manager the responsibility to ensure the operation of the refinery after November 21, the date when the sanctions will come into effect. Additionally, Lukoil has requested an extension of the deadline to liquidate its commitments. In Romania, the Ministry of Energy is working on a regulatory act to manage Lukoil's assets, considering the similar sanctions imposed by the U.S.

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Răsturnare de situație în cazul Lukoil din Bulgaria. Parlamentul a desființat veto-ul președintelui Radev
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Scandalul Lukoil lovește în plin Bulgaria - Parlamentul a respins un veto prezidenţial

ȘTIRI PE ACELEAȘI SUBIECTE

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International
The President of Bulgaria, Rumen Radev, rejected the legislative changes for the takeover of the Lukoil refinery in Burgas, considering them risky and unconstitutional.
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International
The Bulgarian Parliament has approved strict conditions for the sale of Lukoil assets, including government approval.
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International
The Bulgarian Parliament voted against a motion to acquire Lukoil assets, in the context of sanctions imposed by the USA.
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International
Bulgaria is preparing legislative changes to take control of the Lukoil refinery in Burgas and sell it, thus protecting the plant from US sanctions.
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Economy
The Bulgarian government intends to propose a law that would allow a special administrator to oversee the sale of the Lukoil refinery in Burgas, affected by sanctions.
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Bulgaria Veto rejected Lukoil sanctions

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