The Parliament adopted amendments to the legislation on restrictive measures given Russia’s actions destabilizing the situation in Ukraine. The concessions awarded for activities at strategic sites of national security importance affecting oil and petroleum products made from crude oil originating in Russia or exported from Russia shall be terminated within one week. The amendments terminate Lukoil’s concession for the port of Rosenets.
In 2011, a contract was signed with the joint-stock company Lukoil Neftohim Burgas for the concession of the port terminal Rosenets, part of the port for the public transport of national importance Burgas. The concession is for 35 years. Within two weeks of the termination of the concession, the Ministry of Transport and Communications will take over the operational management of the facility.
Last week, members of the ruling coalition put to a parliamentary vote a proposal for the termination of Lukoil Neftochim’s concession for the Rosenets oil terminal, which the preceding government had extended by 24 years.
