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Bulgaria Moves to Seize Lukoil Refinery Amid Sanctions

11/8/2025

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Summary

Story summary

Bulgaria plans to seize Lukoil's Burgas refinery amid looming U.S. sanctions on the Russian company and to sell it to a new owner.
Legislation to authorize the seizure is being drafted as Lukoil seeks to divest foreign assets.
Poland is negotiating to import U.S. liquefied natural gas (LNG) to aid Ukraine and Slovakia.
The European Union has proposed sanctions to halt Russian oil and gas purchases by 2027.

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Story summary

Bulgaria plans to seize Lukoil's Burgas refinery amid looming U.S. sanctions on the Russian company and to sell it to a new owner.
Legislation to authorize the seizure is being drafted as Lukoil seeks to divest foreign assets.
Poland is negotiating to import U.S. liquefied natural gas (LNG) to aid Ukraine and Slovakia.
The European Union has proposed sanctions to halt Russian oil and gas purchases by 2027.