[1] Crude oil arrives by sea to the nearby port terminal of Burgas Rosenetz before being piped to the refinery.
In return, “LUKOIL Neftohim Burgas” has brought into focus, that any of the rules on Bulgarian oil market weren`t violated by the company.
After he managed to avoid the embargo on Russian oil, he produces his fuel at several times lower cost, which he sells now at market prices.
[7] Exports of processed oil has however been made from the refinery, the Seaexpress shipped 40,000 tons to Rotterdam in August 2023, other shipments have used ship-to-ship transfers to hide the source from the ultimate buyer.
Bulgaria has announced that imports of Russian crude will cease on 1 March 2024, earlier than the EU concession date.
[citation needed] Lukoil Neftohim Burgas had never paid tax in Bulgaria as profits were sent to the parent in Switzerland.