Lawmakers fast-track powers for Lukoil refinery manager

Members of the parliamentary energy committee approved amendments in a 30-second vote that allow a state-appointed manager to run Neftochim. Opposition members said they were excluded after ruling party deputies met ahead of the scheduled session and cast the ballots. The measures passed first reading by a 12-0-1 margin and broaden the authority of the special sales representative at Lukoil Bulgaria under the law governing oil and petroleum activities.

Lawmakers who filed the bill argued that sanctions on Lukoil OAO assets have prompted counterparties to refuse payments to the company’s Bulgarian affiliates, risking a shutdown at the Burgas refinery. The changes give the special manager wider powers to carry out commercial operations so facilities can remain functional after Nov. 21, 2025. Backers described the approach as modeled on recent steps taken in Germany to secure operational exemptions from sanctions.

Parliament earlier overrode a presidential veto to reapprove amendments to the investment law that require Cabinet approval and a positive review by the State Agency for National Security before any sale of Lukoil’s Bulgarian assets. Opponents accused the committee of rushing the process and limiting debate, while sponsors said the expanded authority aims to prevent disruption to refinery activity.