Lukoil Denies Sale of Neftohim Burgas, Dismisses Reports of Talks with Qatar-British Consortium

The owner of the Burgas-based oil refinery, Lukoil Neftohim, through its parent company Litasco, has dismissed recent claims by the Financial Times that the refinery is being sold to a Qatari-British consortium. In an official statement released to the media, Litasco stated that the reports are "inaccurate and misleading," emphasizing that there have been no discussions with the named consortium nor any correspondence with Russian authorities on this matter.

The Financial Times article alleged that Lukoil is divesting its majority stake in Lukoil Neftohim Burgas, citing a letter from the company to Russian President Vladimir Putin's office....