The Bulgarian government and Litasco have reached an agreement that will allow Lukoil Neftochim Burgas to resume purchasing crude oil from all contractors registered in Switzerland starting July 1, marking what officials described as a significant step toward stabilizing the country's largest refinery. The announcement was made during an extraordinary briefing at the Council of Ministers by the state's newly appointed special commercial administrator, Evgeni Simeonov, following a meeting between Prime Minister Rumen Radev and representatives of Litasco and Lukoil.

The Bulgarian government and Litasco have reached an agreement that will allow Lukoil Neftochim Burgas to resume purchasing crude oil from all contractors registered in…

Evgeny Simeonov, trading asset manager at the Lukoil Neftohim Burgas refinery, clarified that the facility will be able to purchase oil from any counterparty registered in…