MP warns Bulgaria risks refinery shutdown

Opposition parliamentarian Ivaylo Mirchev criticized government delays in appointing oversight for the Lukoil refinery crisis, noting that legislation enabling special administrator designation has existed since 2023. The Yes Bulgaria co-chair questioned why authorities failed to act during the initial weeks following sanctions announcements, leaving uncertainty about fuel availability and pricing beyond the current operations deadline.

Mirchev highlighted unresolved complications, including the status of storage facilities and pipeline infrastructure connecting the state-owned Rosenets port to Sofia, since banking transaction restrictions could prevent legal fuel transfers from company-controlled warehouses. Despite these supply concerns, the legislator maintained that crude oil market conditions do not justify consumer price increases while expressing skepticism about restoring functionality to the inactive Commodity Price Council.

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