Balgarianovinite.com Approached by journalists here on Saturday, Vice President Iliana Iotova commented that the decision on the future of the Lukoil refinery in Burgas (on the Black Sea) is of national importance; this issue requires much more than parliamentary consensus – it requires national consensus. Losing the refinery would put Bulgaria in an extremely difficult situation, she added.
Iotova was approached for comment on legislative amendments adopted by Parliament on Friday that expand the powers of a future special commercial administrator (SCA) who will oversee the Bulgarian assets of Russian oil giant Lukoil. The move strips current shareholders of their voting and disposal rights, granting the SCA full control, including authority to approve or sell shares in the country’s largest refinery. The revisions were adopted in two readings held during a single sitting on Friday. That was the second emergency legislation that Parliament adopted in the past seven weeks over the crisis with Lukoil, caused by US sanctions on the Russian company. On October 31, the National Assembly suspended the export of petrochemical products, mostly diesel.
“First, we need to see how the Government itself will present the adopted law, because it will require numerous subordinate acts and regulations to guarantee and define the functions of the so-called special administrator,” the Vice President told reporters.
According to her, the way in which the revisions were passed is cause for concern. “The only thing that bothered me was the speed – a record 30 seconds. I don’t understand why such urgency was necessary. The texts could have been discussed calmly and the entire National Assembly could have participated,” she said.
Iotova also commented on statements by political leaders that Bulgaria has “upgraded the German model” of state management of strategic sites. “Let’s not forget that this system has been in place in Germany for three years now. There, state management of the refinery will be extended until 2026. This is neither a sale nor nationalization,” Iotova said.
Iotova was in Debelt for the celebration of 1,160 years since Bulgarians’ conversion to Christianity in the Deultum-Debelt archaeological reserve. Vice President: Losing Lukoil Refinery in Burgas Would Put Bulgaria in Extremely Difficult Situation 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-08 12:31:02 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law