The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in parliament.
The proposal was rejected by GERB and We Continue the Change. Delyan Peevski, leader of DPS-New Beginning, and Kiril Petkov, co-chairman of We Continue the Change traded accusations.
“What Delyan Peevski wants to do to Lukoil is the same thing he did when he bankrupted the once profit-making company Bulgartabac,” said Kiril Petkov in response to the accusations by the leader of DPS-New Beginning that he was trying to sell Lukoil Neftohim off to American companies he was allegedly consulting. “Imagine, if we allow that man, by giving him public money, to control Lukoil, to appoint some boss to run the so-called state enterprise, but in effect, to destroy Lukoil and also the jobs, and then Burgas going down the same road as Blagoevgrad which cannot recover yet from the loss of a major employer like Bulgartabac,” Kiril Petkov said.
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
The Festival of Elena Dry-Cured Ham which will take place from October 24 to 26 in the town of Elena, offers a rich folklore program, competitions, demonstrations and tastings, the organizers from the Municipality of Elena and the Local Tourism Council..
Bulgaria could run into fuel shortages if the Lukoil Neftochim refinery stops operating, former Prime Minister and GERB leader Boyko Borissov warned on..
The Institute for Computer Science, Artificial Intelligence and Technology (INSAIT) at Sofia University ‘St. Kliment Ohridski’ has released SPEAR-1, an..
On Friday, morning temperatures will range from 10 to 15°C, with 10°C in Sofia. Rain is expected in the western regions in the early hours. During the day,..
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