"Lukoil Neftohim Burgas" will fulfill its commitment to switch to non-Russian oil processing, company representatives said at a meeting with Bulgarian Prime Minister Nikolai Denkov. They discussed the deadlines for this before the expiry of the EU derogation for Bulgaria for import of Russian oil in the end of 2024.
Denkov has requested that Lukoil must regularly pay the advance taxes to the state budget. In addition to the 10% corporate tax, by law the company must also pay a 33% temporary solidarity contribution. Lukoil representatives have confirmed their readiness to fulfill their obligations, the government reports.
Bulgaria expects reliable supplies and predictable fuel prices, President Rumen Radev also said in a conversation with the management of the company after the meeting of the Prime Minister.
Around 4 billion euros in debt have been raised from international markets through two bond issues, market analysts confirmed to BNR. The amount was raised through issues of 9-year and 13-year bonds – marking the country’s first entry into the..
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
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