The Bulgarian government’s pressure on Russian energy assets in Bulgaria has led Lukoil Neftohim to start the process of selling its largest refinery in South-Eastern Europe – the one in Burgas. This is what Finance Minister Asen Vassilev told the Financial Times in a special article about our country and Russian energy maneuvers.
Vassilev claims to the publication that there is probably an economic benefit from the change of ownership and states that “we have indications of interest”. The government is not involved in the sale of the refinery, which supplies international customers with more than half of its output – including crucial diesel supplies to Ukraine at the start of the Russian invasion.
Bogdanov: The state will monitor Lukoil Neftohim’s transition to non-Russian oil
Vassilev claims that the restrictions on the Russian company will not be lifted until new players are included in its ownership. We remind you that Vassilev’s words come at a time when the government increased to 50% the extraordinary excess profit tax for the company, which was previously 33%. According to the Financial Times, when the company is sold, this levy will be reduced to 15% – the expected amount of corporate tax for multinational companies after the New Year.
2023-10-17 14:06:51
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