03.12.2025 08:50
After the U.S. imposed sanctions on Rosneft and Lukoil, the oil giant Lukoil, which has been facing difficult days, had its assets in Bulgaria seized following an extraordinary meeting that lasted only 30 seconds. The company, which has over 600 stations in Turkey, recently announced that it was putting its international operations up for sale.
After the sudden cancellation of an agreement with a Switzerland-based company, Lukoil, which is facing deepening economic troubles, has suffered another blow in Bulgaria.
ALL CRITICAL ASSETS SEIZED
The Bulgarian government completed an extraordinary meeting regarding the energy market in just 30 seconds and seized all critical assets of the Russian oil giant within the country.
STORAGE FACILITIES ALSO ON THE LIST
According to the announcement, the decision will apply to Lukoil's storage facilities, fuel stations, and production and processing centers in Bulgaria.
OVER 600 STATIONS IN TURKEY
Lukoil entered the Turkish market in 2008 by acquiring Akpet for over 500 million dollars. The company currently operates more than 600 fuel stations across Turkey, and these stations continue to be managed by Lukoil Turkey.