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Bulgaria to decide by Nov. 21 whether to keep Lukoil-linked refinery running amid U.S. sanctions.
Bulgaria’s government will decide by November 21 whether to keep the Lukoil-owned Neftochim Burgas refinery operational amid U.S. sanctions on Russian energy firms.
The refinery, which no longer receives Russian oil, faces restrictions due to financial ties to sanctioned entities, but officials say fuel supplies remain secure.
Options under consideration include external management or legal measures to comply with sanctions while maintaining production.
Political debate continues over potential sale of the refinery, with concerns about oversight and ownership, while the government prepares to submit the 2026 budget and address other legislative matters.
Bulgaria decidirá antes del 21 de noviembre si mantiene en funcionamiento la refinería vinculada a Lukoil en medio de las sanciones estadounidenses.