Home Oil and Gas Bulgaria's Lukoil Neftochim Burgas signed 15.3 mln EUR deal for port repairs

Bulgaria’s Lukoil Neftochim Burgas signed 15.3 mln EUR deal for port repairs

Neftegaz.RU. According to See news, Bulgarian oil refiner Lukoil Neftochim Burgas, part of Russia’s Lukoil, said that it has signed a 30 million levs bond with a local tie-up for the reconstruction of the piers of its Rosenets Port terminal.

The agreement was signed on August 9, Lukoil Neftochim Burgas said in a notice earlier this week. According to registry agency data, the tie-up comprises local GP Group and AKZ-Burgas, which hold a share of 50% each.

Rosenets port terminal is located on the southern waterside of Burgas Bay, on Bulgaria’s Black Sea waterside. The terminal is a section of port Burgas. Lukoil Neftochim Burgas operates the terminal under a cession contract from May 2011.

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