Who Is to Blame for the Burgas Fire? Over 30 Homes Destroyed Amid Claims of Negligence
A devastating fire swept through a villa area near the coastal city of Burgas in Bulgaria
The Bulgarian refiner owned by Russia's Lukoil has had restored its fuel storage and transportation license, the administrative court decided on Tuesday.
The ruling came only hours after the Bulgarian Customs Agency withdrew a fuel storage and transportation license held by Lukoil Bulgaria, due to grave violations in accounting for volumes passing through its network.
The withdrawn license refers to the oil pipe facility from Lukoil's Neftochim site in Burgas to its Ilientsi base in Bulgarian capital Sofia.
According to a Customs Agency release, Lukoil had until March 31 to implement all measuring devices on their facilities as required per regulation.
A number of inspections by the agency, on 9, 12, 18, and 19 April found that such devices are missing at some locations, with diversion pipes placed at others to circumvent installed measuring devices.
Lukoil Bulgaria have been notifided of the decision for withdrawal of their license for the pipeline and have the right to appeal.
The company, Bulgaria's by far largest producer and seller of fuels, has until June 1 to meet similar regulatory requirements for the Rosenets oil terminal in Burgas.
The terminal was the cause of a prior license saga between the Customs Agency and Lukoil Bulgaria back in 2011.
Among other things, the way the controversy was hushed back then reignited speculations about the alleged close relations between Lukoil Bulgaria CEO Valentin Zlatev and then Bulgarian PM Boyko Borisov.
Energy Minister Zhecho Stankov shared encouraging news for Bulgaria’s energy sector, highlighting that financial institutions are prepared to provide funding eight times greater than what is required for the construction
Energy Minister Zhecho Stankov has firmly criticized the 2022 agreement between state-owned Bulgargaz and Turkish company Botas, arguing that there was no objective reason to enter into such a deal
Authorities have launched a wide-ranging investigation into the controversial gas transmission agreement between Bulgaria’s state-owned Bulgargaz and the Turkish company Botas
The European Commission is preparing a new phase of green legislation that could significantly impact fuel prices across the EU
As of July 1, a new pricing period begins for household electricity, heating, and hot water in Bulgaria
At an open session, the Energy and Water Regulatory Commission (EWRC) reviewed a proposal submitted by Bulgargaz EAD on June 10, 2025, for setting the July sale price of natural gas to end suppliers and licensed heating energy producers
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