Lukoil Refinery in Romania Resumes Operations amid Tax Evasion Probe
Lukoil's Petrotel refinery in Romania has resumed operations after a production halt imposed last week on suspicion of tax evasion.
On October 7, the Ploiesti-based refinery started preparations for the restart after the owner won a permit for the step in court, according to local news agencies, as cited by Sega daily.
On October 9, Romanian President Traian Basescu said that the refinery could be nationalized in that case in case Lukoil decided to withdraw.
Basescu’s statement came in response to threats of Lukoil to close the refinery.
On October 2, Romanian police raided the offices of Petrotel as part of an investigation for tax evasion and money laundering worth an estimated EUR 230 M.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
- » Russian Foreign Minister: Our Patience is Running Out
- » US-Russia talks: Serious, Useful, Difficult, but No One Backed Down
- » Russia will take Fingerprints of all Foreigners and Test them for HIV
- » Mandatory Vaccination in Russia
- » Russia: For Third Day in a Row, More than 40,000 New Infections with COVID-19
- » A Record 1,178 Died of COVID-19 in Russia in the last 24 hours