Balgarianovinite.com Lukoil Neftohim Burgas hosted a press conference here on Monday, during which Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Poulev officially introduced Evgeni Simeonov as the newly appointed special commercial administrator of the Lukoil assets in Bulgaria.
Poulev reported that the government’s key priorities are preserving, safeguarding and developing national sovereignty, protecting Bulgarian consumers and strengthening the energy system. The government is faced with the difficult task of seeking local solutions to global problems, he added.
The Minister was adamant that Simeonov is not a political appointment but an expert with proven experience within the Ministry of Economy. Commenting on the decision to replace Rumen Spetsov as special commercial administrator of the Lukoil assets in Bulgaria, Poulev said that there were several reasons. First, the Minister questioned Spetsov’s preparedness to manage an enterprise so significant to the Bulgarian economy, especially amid a global fuel crisis. Second, Poulev stated that accountability during Spetsov’s time working for Neftohim was insufficient.
Poulev reported that there are no plans, nor can there be any plans to nationalize Lukoil in a European Union Member State such as Bulgaria.
At the same press conference, Simeonov reported that preliminary information indicates that crude oil deliveries to the Lukoil Neftohim refinery in Burgas are guaranteed until the end of July. As his first and most important priority, he identified the preparation of a detailed analysis of the current state of the refinery and Lukoil’s other companies in Bulgaria, including their financial condition, raw material inventories and existing contracts.
Simeonov said: “I hear that the refinery is in good condition, yet 2025 ended with a loss of around EUR 200 million. We need to determine why this is the case,” he said. The optimistic timeframe for completing the analysis is one month, while a subsequent independent financial audit will take considerably longer. Evgeni Simeonov Introduced as Newly Appointed Administrator of Lukoil Assets in Bulgaria 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-06-08 18:00:00 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