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Bulgarian Finance Minister Announces Sale of Lukoil Refinery in Burgas, Owner Denies

Finance Minister Asen Vassilev stated that the Lukoil refinery in Burgas is for sale, but the owner denied it.

“In this world, everything is bought and sold, it depends on the price and the conditions. It is a policy to create unfavorable or impossible working conditions in order to force the owner to sell,” commented AIKB Chairman Vasil Velev in the studio of “The Day ON AIR “.

He emphasized that there is concern in the industry because the changes will lead to blocking the work of the refinery and fuel shortages.

“There will be an increase in prices for many reasons, this will have a bad effect on the Bulgarian economy, businesses, citizens. It is time to stop with the manifestations of the shop mentality “it is not important that I am well, the important thing is that Vute is unwell” Velev said.

The guest added to Bulgaria ON AIR that he is still waiting for the assessment of the impact of the changes, and there is no indication of the preparation of one. He opposed the decision to introduce a fee for the import and transit of Russian gas.

He also commented that the withdrawal of new external debt is inevitable.

“We will not fulfill the revenue estimates in the budget, the economy is slowing down, the collected tax revenues until the end of August show that if this trend is maintained, it will rather worsen, we will have 3 billion less collected taxes. If the spending plan is implemented, the budget deficit will increase, but the expenses will not be met either – these 8 billion investments will compensate for the non-collection of revenues,” predicts Vasil Velev.

Watch the entire conversation in the video

Working on the post:

2023-10-20 18:51:00


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