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“The state is applying the law against Lukoil,” says Bulgarian daily Dnevnik. On June 26, Bulgarian authorities cancelled the licence accorded in Bulgaria to Russian firm Lukoil because the company failed to install instruments required to measure the amount of oil imported from Russia. Lukoil must stop production for an undetermined period. Dnevnik notes that the sanction comes following 10 months of monitoring by Bulgarian authorities. “I’m not worried about the petrol market, because Bulgaria has 420 importers. Large businesses are equal before the law and they must all respect it,” explains Finance Minister Simeon Diankov.
The sanction against Lukoil comes at a time of tension in the energy sector between Russia and Bulgaria, two countries that are nonetheless close on this issue, particularly on the question of the payment, by Russia, for the construction of the Belene nuclear power plant and on the progress of the Burgas-Alexandroupolis oil pipeline.
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