Balgarianovinite.com Bulgaria has no additional conditions from the United States for the exception to the sanctions imposed on Lukoil to enter into force, Energy Minister Zhecho Stankov told Bulgarian National Television (BNT) on Sunday.
Stankov said that if needed, the postponement of the sanctions against Lukoil can be extended. He noted that after Washington granted the derogation, the tension that had built up has now been overcome.
“There are no additional conditions that have been set. On the contrary, the transactions and the way in which the derogation has been granted certainly provide reassurance to the financial institutions in our country so that they can continue offering their services to these enterprises. Something extremely important that I must mention is that a letter was received last week that was concerning, and in order not to alarm the public we did not rush to share it. Namely, that the major companies with which bank cards operate had also informed the banking institutions to terminate activity with these cards. Now, on the basis of this new derogation, I am certain that this has been overcome and everything will be stable,” said Stankov.
In a separate interview with Bulgarian National Radio (BNR), the Energy Minister said that if a sale of Lukoil assets begins only in Bulgaria, there is a screening mechanism headed by Deputy Prime Minister Tomislav Donchev. According to him, through the State Agency for National Security and through this screening committee the state can guarantee itself 100% screening and be the final instance to decide whether it agrees or not with such a deal, with the aim of ensuring the security of supplies in the country.
The minister said that if the parent company Lukoil sells its assets in Europe during the period of the derogation granted to Bulgaria, then the sanctions on all companies will be lifted, and in this case the Bulgarian authorities will not need to take any action. But if such deals do not take place along the chain, the natural step would be to request an extension of the derogation.
The special commercial administrator, appointed on November 14 to oversee Lukoil’s four companies in Bulgaria, must receive government permission for every specific activity, as required by law, Stankov said. “He has not been given the powers that are being suggested in public commentary – as if he could wake up with some grand idea and act on it; on the contrary. The supervisory body is the Council of Ministers, which can authorize or prohibit his actions,” Stankov said.
The Energy Minister added that he learned about the nomination of Rumen Spetsov as special commercial administrator for Lukoil in Bulgaria minutes before the Security Council meeting at the Prime Minister’s office, after which Spetsov’s appointment was officially announced. Stankov said he was not part of the team that presented the nominations.
“As of today [Sunday], we have a six-month supply of petrol, a four-month supply of diesel fuel, and a two-month supply of aviation fuel to meet the needs of all airlines,” the Energy Minister said. Bulgaria Faces “No Extra US Conditions” for Lukoil Sanctions Derogation 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-11-16 17:30:00 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