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Lukoil is planning to make new investments in Bulgaria

Lukoil President Vagit Alekperov
Photo: Ani Petrova

The Russian energy giant Lukoil is planning to make new investments in Bulgaria which would make that country a fuel export center in the Balkans, the President of the company Vagit Alekperov announced after his meeting in Sofia with Bulgaria’s Premier Boyko Borissov. With regard to Lukoil’s intention, some necessary legislative amendments were discussed at the meeting. Bulgaria’s cabinet is to propose those amendments to the country’s National Assembly. There is no fuel cartel in Bulgaria, Vagit Alekperov told journalists, adding that Bulgaria was the only country with such a high number of petrol stations per capita on the domestic market. The number of petrol stations in Bulgaria is twice higher than the number of petrol stations in Romania, which is a country with a population of nearly 30 million, Vagit Alekperov pointed out.




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