The United Kingdom has extended the term of the general license for Lukoil subsidiaries in Bulgaria, the press center of the Ministry of Energy announced.

As a result of the consistent actions at the governmental level, our country ensures stability and peace of mind for Bulgarian citizens and businesses. The Ministry adds that it continues to work in close cooperation with international partners to preserve jobs, ensure the smooth operation of the Bulgarian refinery and guarantee the country's energy security.

The general license includes the companies "Lukoil Bulgaria", "Lukoil Neftohim Burgas", "Lukoil Aviation Bulgaria" and "Lukoil - Bulgaria Bunker". The license came into force on November 14, 2025, and after talks between the Minister of Energy and foreign partners, the term was extended to August 13, 2026. Initially, the license was in force until February 14, 2026.

Earlier today, on its website, the British Office for the Implementation of Financial Sanctions to the Ministry of Finance announced the extension of the license.

In October of last year, the UK imposed sanctions against the Russian company, and later issued a special license allowing transactions with its Bulgarian subsidiaries. The renewed license allowed companies and banks to conduct transactions with "Lukoil Bulgaria" EOOD, "Lukoil Neftohim Burgas" AD, "Lukoil-Bulgaria Bunker" and "Lukoil Aviation Bulgaria", as well as their subsidiaries, until February 2026, BTA recalls.

In Bulgaria, the government has appointed a special commercial manager for the four companies to manage the assets of "Lukoil" until the company completes the sale process. "Lukoil" retains the right to seek legal protection and stated that the manager's activity should not impede the sale of its assets in our country.