Pause operations: company temporarily curtailing operations while keeping return options open

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LUKOIL Neftohim Burgas, based in Burgas, Bulgaria, is the largest oil refinery in the Balkans and the largest industrial enterprise in Bulgaria. Owned by Russian oil giant LUKOIL, the refinery has the biggest contribution among the privately owned enterprises to the country's GDP and to the state budget revenues.

Pause operations: company temporarily curtailing operations while keeping return options open

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The Company Statement
November 05, 2024

Continues to refine Russian crude. Neftochim Burgas - the largest oil refinery in Bulgaria, abusing the exception granted to this country regarding the purchase of Russian oil, helps Russia sell oil on world markets. Lukoil refinery in Bulgaria completely abandoned Urals. Russian state energy group Lukoil is planning to sell its refinery in Bulgaria — its largest asset in the Balkans — to a Qatari-British consortium by the end of the year in a sign of Moscow’s weakening influence over energy supplies in south-east Europe.

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Statements Archive
February 06, 2024Lukoil refinery in Bulgaria completely abandoned Urals
December 25, 2023Baku has not ruled out the possibility of buying out the LUKOIL Neftohim Burgas refinery
November 09, 2023Bulgaria's largest refinery secretly helps Russia sell oil on world markets - investigation
November 09, 2023Russian oil on EU soil: Bulgarian refinery skirts sanctions and buys Russian crude worth an estimated EUR 1.1 billion in tax to the Kremlin
May 31, 2022Who is buying Russian crude oil and who has stopped
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