Share

Text size

Bulgarian National Radio © 2025 All Rights Reserved

Bulgarian Lukoil companies receive special license from UK

published on 11/14/25 6:45 PM

Photo: BTA

Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to carry out transactions until February 14, 2026 with Lukoil Bulgaria EOOD and Lukoil Neftochim Burgas AD, as well as their subsidiaries.

Rumen Spetsov is the proposed candidate for special manager of Lukoil Bulgaria

The move follows new UK sanctions announced last month against leading Russian oil producers, including Lukoil and Rosneft, for their role in financing Moscow's invasion of Ukraine. The license, issued by the UK's Financial Sanctions Enforcement Agency, allows payments and economic resources to flow to and from the Bulgarian companies under existing or new contracts.

Today, on the sidelines of parliament, GERB leader Boyko Borissov announced that Bulgaria could receive a derogation from the US for 6 months today.

The government will not lease out property of Lukoil in Bulgaria

Edited by Miglena Ivanova

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Lukoil Bulgaria derogation sanctions

More from category

Ex-PM Boyko Borisov: Bulgaria will receive a derogation for Lukoil

GERB leader Boyko Borisov has assured that Bulgaria will receive an exception from the US sanctions against Russian oil and gas , BNR reporter Violeta Ashikova reported. “I can guarantee to Bulgarians that Bulgaria will receive a derogation. The..

published on 11/13/25 11:06 AM

The Bulgarian cabinet submits the budget to the National Assembly in its original Form, neglecting the opinion of employers

The Bulgarian government will approve and submit to the National Assembly the draft laws related to the state budget for 2026 in the version coordinated with the supporting political parties. This decision was reached after the four employer..

published on 11/13/25 10:18 AM

Lukoil Bulgaria: It is not true that the company is ceasing its operation in Bulgaria

“All sites in the “Lukoil” retail network are functioning and will continue to operate in normal mode.” This is stated in a press release from the company regarding information spread in some media about the upcoming termination of the activities of..

published on 11/13/25 9:45 AM

1
..
4
5
6
7
8
..
10

WEATHER

Pick city: Sofía

Partly Cloudy
Min: 0 | Max: 16

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

MOST VIEWED

The average gross monthly salary for September is EUR 1,319

The average gross monthly salary in Bulgaria for July 2025 was BGN 2,570 (EUR 1,314.02), for August BGN 2,497 (EUR 1,276.7), and for September BGN 2,580..

published on 11/13/25 4:39 PM

Sofia hosts the Global Women Leaders Forum 2025

Today, Sofia will host the fifth edition of the Global Women Leaders Forum. The event is organized by the Council of Women in Business in Bulgaria...

published on 11/13/25 5:50 PM

Unions call Bulgaria’s 2026 Budget a “compromise, but feasible"

In an unprecedented move, the Bulgarian government approved the 2026 state budget draft at its meeting toda y without the agreement of employers’..

published on 11/13/25 8:14 PM

shopify analytics ecommerce
tracking