The state antitrust commission has allowed local refinery Lukoil Neftochim, located in the southern Black Sea city of Burgas, to run under concession a terminal of the sea port in Burgas, according to the decision of the regulator posted on its website. The watchdog does not expect the concentration to impact any market in the country. Lukoil Neftochim, part of Russian oil company Lukoil, is the largest refining and chemical processing plant on the Balkans. It employs some 2,200 workers. The company exports half of its production to neighbouring Balkan countries and reportedly covers 80% of the domestic motor fuel demand.
Source: Intellinews - Bulgaria Today