Today in Burgas, Deputy Prime Minister and Minister of Economy, Investments and Industry Alexander Pulev introduced Evgeni Simeonov, newly appointed Special Commercial Manager of the LUKOIL Group companies in Bulgaria.
2026
06. 2026
Deputy Prime Minister Alexander Pulev introduced Evgeni Simeonov as Special Commercial Manager of the LUKOIL Group companies in Bulgaria
05. 2026
Energy security and supply sustainability remain a key priority for LUKOIL in the context of the increasingly complex international situation and tensions in the Middle East.
In an interview with “24 Chasa”, LUKOIL’s Special Commercial Manager Rumen Spetsov emphasized that the Burgas refinery is operating with secured diversified crude oil supplies and maintains reserves for a minimum of 90 days.
“My role is to manage the financial flows and guarantee the operation of the refinery, but we must also take into account the private interest of the owner - the Russian company \"Lukoil\". The function of the Special Manager is to maintain the ecosystem among the four \"Lukoil\" companies in Bulgaria in a financially sound condition.”
Rumen Spetsov also clearly stated that:
- supplies for Bulgaria are not directly dependent on the situation in the Strait of Hormuz area;
- price dynamics are determined mainly by international markets and logistics costs;
- the refinery operates with oil from different countries and sources;
- there is no change in the current trade mechanisms and contractual relations.
The company continues to closely monitor the international environment, with the main focus remaining on guaranteeing stability, predictability, and continuity of supplies for the Bulgarian market.
The full interview with Rumen Spetsov can be read here:
03. 2026
Rumen Spetsov: There is fuel and there will be fuel, but the market determines prices despite our efforts to keep them as low as possible
Will there be fuel - gasoline and diesel - for Bulgarians planning Easter, vacations, or simply traveling for work and taking their children to school?
There is fuel and there will be fuel. At present, we have no grounds to expect any problems with quantities. Less than half of the refinery's capacity is sufficient to supply the Bulgarian market.
We also maintain the required stocks of crude oil and petroleum products under the Act on Compulsory Stocks of Oil and Petroleum Products and, if necessary, by decision of the state, they can be released. Our fellow citizens can rest assured.
HEARING OF THE SPECIAL COMMERCIAL MANAGER RUMEN SPETSOV IN PARLIAMENT
The supplies of crude oil necessary for the operation of the refinery "Lukoil Neftohim Burgas" AD have been provided. Lukoil treats the Bulgarian market responsibly and sells fuels at the lowest possible prices.
02. 2026
LUKOIL Corporate Communications Center
The Swiss company “Litasco” has notified the Government of the Republic of Bulgaria of the initiation of steps to file an arbitration claim against the state. The arbitration case, for which the government has been notified, does not in any way affect the operations of the “Lukoil” group of companies in Bulgaria. There are no grounds for concern regarding the availability of fuels for the market or their prices. Lukoil’s companies in Bulgaria continue to operate under normal conditions under the leadership of the Special Commercial Manager.
