Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

On first reading 

Parliament adopts fast-track procedure to terminate Lukoil's concession for Rosenets port 

Rosenets
Photo: BGNES

In a heated debate with 134 votes in favour, the Parliament adopted at first reading legislative amendments that will allow the state to terminate the concession of the port of Rosenets to Lukoil Neftohim Burgas under the fast-track procedure. 45 were against and 14 abstained.

The termination of the concession is in line with EU restrictive measures in view of Russia's invasion of Ukraine, the bill's sponsors explained. The proposal was tabled by GERB-SDS, "We Continue the Change-Democratic Bulgaria" (PP-DB) and the Movement for Rights and Freedoms (MRF). According to them, the termination of the concession will stop Russia from using Bulgarian infrastructure to finance the war.

PP-DB MP Daniel Lorer said the termination of the concession is based on the EU-wide sanctions regime. The Bulgarian Socialist Party (BSP) and Vazrazhdane were opposed. 

"Are you aware of the amount we will have to pay if they (Lukoil Neftohim Burgas - ed.) bring a case against us?" asked Borislav Gutsanov of the BSP.

If finally adopted, the bill would allow the concession to be terminated within a week, BTA reports. The state signed a concession contract with Lukoil Neftohim Burgas in 2011. The concession is for a period of 35 years.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The folklore ensemble ''Rodina'' to represent Bulgaria at the European Union Cultural Festival in Ottawa

The Bulgarian folklore ensemble ''Rodina'', led by Rayna Stamatova, will represent our country at the annual European Union Cultural Festival, which will be held in Lansdowne Park in Ottawa on July 13, 2024, the Ministry of Foreign Affairs announced...

published on 7/3/24 6:04 PM
President Ruen Radev

President Rumen Radev: The political crisis continues

"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires adequacy", President Rumen Radev said in Parliament after the MPS rejected the nomination of Rossen..

published on 7/3/24 5:52 PM
Rosen Zhelyazkov

Parliament rejects GERB-SDS cabinet proposal

After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..

published on 7/3/24 4:42 PM