Lukoil assets in Burgas are up for sale, with Carlyle leading the bid, while Rumen Radev's veto power complicates the process.

The entities involved

• Rumen Radev →

  President of Bulgaria from 2017 to 2026

  • Education reforms are underway, involving the defense of a single textbook proposal and the announcement of a comprehensive education reform package.Sun 10:41
  • Rumen Radev, the political figure, was the former head of state in Bulgaria.Sat 14:06
• Lukoil →

  Russian oil company

  • Drone strikes targeted Lukoil oil refineries in Kstovo and Perm, located in European Russia.Fri 18:36
  • Lukoil operates a refinery in Perm, while Novoshakhtinsk refinery sells fuel for export, amid military actions and Crimea annexation.Fri 10:03
• Bulgaria →

  country in Southeast Europe

  • Bulgaria is seeking a loan agreement with the European Commission, with its parliament approving the necessary borrowing ceiling increases and authorizing government borrowing.Mon 12:48
  • Bulgaria's Tourism Minister Ilin Dimitrov announced a new reform model aimed at boosting the country's tourism competitiveness.Mon 11:12

Related events

• Lukoil operations are impacting Bulgarian energy security, which operates within the EU economic framework.Jul 25
• The Romanian state has begun supervising Lukoil's refinery operations located within Romania.Aug 25
• Lukoil refinery problems are contributing to high fuel prices in Bulgaria.Sep 17
• Bulgaria lifts its fuel export ban to the EU as US sanctions on the Lukoil group continue to affect the country.Wed 18:54
• Rumen Radev, currently serving as Prime Minister of Bulgaria, is advocating for necessary reforms to the European Union's funding mechanisms.Sep 5