Lukoil denies sale of Neftochim in Bulgaria to Qatari-British consortium – Euractiv

Litasco, a subsidiary of the Russian oil firm Lukoil, introduced that it was not negotiating the sale of a refinery in Bulgaria – Neftochim – with a Qatari-British consortium.

Details about such a deal was printed within the Monetary Instances two days in the past. The publication claimed that Lukoil had despatched a letter to President Vladimir Putin’s administration asking for the inexperienced mild to start out negotiations on the deal.

Unofficially, Bulgarian sources additionally affirm the leaking of such a letter.

The Russian firm says it’s contemplating varied choices for its enterprise in Bulgaria however has not but determined.

The Monetary Instances quoted sources as saying that Lukoil plans to promote its refinery in Bulgaria to a Qatari-British consortium made up of Oryx International and buying and selling home DL Hudson by the top of the yr – however Performing Vitality Minister Vladimir Malinov stated on Wednesday he was unaware of any deliberate deal.

“The corporate (Litasco) stresses that the ideas made in these publications are inaccurate and deceptive, particularly, that no talks are being held with the aforementioned Qatari-British consortium and there have been no communications with Russian Federation authorities on the topic,” stated Litasco.

“Lukoil reserves the correct to guard its business fame from any deceptive representations that will seem within the media,” it added.

Litasco says it’s dedicated to a clear course of if a sale is deliberate and can proceed to tell the Bulgarian authorities and all events.

(Krassen Nikolov | Euractiv.bg)


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