“Lukoil Neftohim Burgas” will fulfill its commitment to switch to non-Russian oil processing. This was stated by representatives of the company at a meeting with Prime Minister Academician Nikolay Denkov today, the Council of Ministers informed.
Reasonable timelines for completing this transition before the expiry of the derogation allowed by the European Commission (EC) until the end of 2024 were discussed. The parties agreed to continue the dialogue on this issue.
MS: A phased transition of the Lukoil refinery to non-Russian oil is being prepared
The reason for the conversation on this topic is the proposal for an early termination of the exemption from the European oil embargo for Russia, submitted to the parliament before its summer vacation by people’s representatives from “GERB-SDS”, PP-DB and DPS.
The Prime Minister raised the question of the regular payment of advance taxes that “Lukoil” owes to the state budget. In addition to the 10% corporate tax, by law the company must pay another 33% temporary solidarity contribution. Before the Prime Minister, the representatives of “Lukoil” confirmed their readiness to fulfill their obligation in accordance with the requirements of the law.
What happens after the suspension of the derogation for “Lukoil”
Bulgaria expects reliable supplies and predictable fuel prices. This was stated by the head of state Rumen Radev during a conversation today in the presidential institution with the management of “Lukoil” after their meeting with the prime minister and representatives of the government in the Council of Ministers.
Radev emphasized the good cooperation and open dialogue of the official cabinet with Lukoil, as a result of which fuel prices were permanently reduced to the lowest levels in the EU, and the company transferred its headquarters from Switzerland to Bulgaria and started paying its taxes in the country us, the presidency announced.
The managers proposed that Lukoil’s derogation be revoked
The company’s possibilities for alternative oil supplies, to ensure continuity in the production process and to guarantee the employment of workers in the new situation after the termination of the Rosenets port concession, and the actions taken by the management to prematurely suspend the derogation for imports of Russian crude oil, were the focus of the conversation.
Source bgnes
2023-09-13 17:35:00
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