Bulgaria: “Lukoil” Promised to Pay 500 Million Leva in Taxes in order to Preserve the Derogation of Russian Oil

The "Lukoil - Neftohim" refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and in return the state will keep the derogation (exception) from the European ban on the import of Russian crude oil. This was announced to the media by the co-chairman of the DPS parliamentary group, Delyan Peevski, after a meeting of MPs and members of the cabinet on the subject.

Cancellation of the derogation was requested by GERB last week, and DPS supported the idea. According to Peevski, Prime Minister Nikolai Denkov, the co-chairmen of the "We Continue the Change-Democratic Bulgaria" group Kiril Petkov and Atanas Atanasov attended today's meeting, and Finance Minister Asen Vassilev participated online.

The deputy added that if the money is not paid within a week, GERB and DPS will submit a proposal to parliament to cancel the derogation for the import of Russian oil. "Let Lukoil hear us clearly on this, not to think that they will not pay their taxes in Bulgaria," said Peevski.

The chairman of the energy commission, Delyan Dobrev (GERB), added that parliament will demand that the executive power collect another 1 billion leva from Lukoil, with which to compensate fuel consumers. He recalled that according to the law adopted in January, 70 percent of the difference between the price of Russian oil of the Urals type and the Brent type should enter the energy security fund and be returned to consumers in the form of compensation. Dobrev said that at the beginning of August, a calculation was made of how much leva Lukoil did not contribute, because the law was not implemented by two successive cabinets, and it turned out that the amount was 622 million leva. Divided by fuel...