Lukoil Neftohim Burgas Overview and Key Facts

Lukoil Neftohim Burgas is a significant player in the oil and gas industry. It's a joint stock company located in Burgas, Bulgaria.

The company was established in 1964 as a Bulgarian-Soviet joint venture, with the Soviet Union holding a 51% stake. This partnership laid the foundation for its growth and development.

Lukoil Neftohim Burgas is a major oil refiner in the region, with a production capacity of 10 million tons per year. This makes it a vital contributor to the local economy.

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The modernisation of Lukoil Neftohim Burgas has been a significant undertaking.

A new sulphur recovery unit, SRU-4, was commissioned in January 2015 at a cost of $71m, replacing the older Sulphur Gas-2 unit.

Technip performed the FEED studies for the project and is responsible for the engineering, procurement, and construction for Phase 1 of the heavy residue hydrocracking complex.

Sices Spa Italy and GP Group were subcontracted to carry out the construction and assembly works.

Cordeel Bulgaria is constructing the ancillary facilities for the project.

Devnya Cement is supplying approximately 15,000m³ to 20,000m³ of concrete for the project.

Flowserve Corporation is supplying ebullating pumping systems and barrel pumps for the project.

Maire Tecnimont’s KT-Kinetics Technology was the EPC contractor for the SRU-4.

The refinery’s 100,000t a year sulphuric acid alkylation unit is based on Haldor Topsoe’s proprietary Wetgas Sulphuric Acid (WSA) technology.

Advanced process control systems were installed by Honeywell in 2011 for the refinery’s crude distillation and fluid catalytic cracking process units.

EmersonProcess Management is modernising the automation solutions at the refinery under a multi-year contract received in March 2010.

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The Bulgarian government is trying to distance itself from Russia, and one key target is Lukoil's refinery in the country.

Lukoil's refinery in Bulgaria is the focus of intense interest, with Dimitrios Dotsios, a former member of Barton's Family Capital, in talks with Russian group Lukoil about its ownership.

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Sofia is poised to ban the processing of Russian oil on its soil, which could impact the refinery's operations.

The refinery is the biggest in the Balkans and is owned by Russia's Lukoil.

Rumours and public relations stunts surround the potential sale of the refinery, with Dimitrios Dotsios and McKinsey teaming up to try to buy it.

The Burgas refinery is located about 15km from Burgas, Bulgaria, on the coast of the Black Sea.

The refinery has a range of processing units, including atmospheric and vacuum distillation units, a naptha reforming unit, and a gas oil hydrotreating unit.

A 300,000tpa sulphuric acid alkylation unit was brought online in 2009, and a diesel hydrotreating unit and an FCC naphtha hydrotreating unit were added in 2010.

The heavy residue processing complex was commissioned in 2015, featuring a 2.5Mtpa residual asphalt hydrocracking unit that improved refinery efficiency and increased light fuels production capacity.

At the Burgas refinery, several significant projects have been undertaken. The construction of the refinery's SAAU, upgrade of the primary oil-refining unit (AD-5), and construction of the vacuum distillation unit (VDM-1) were performed by Globalstroy-Engineering.

The refinery's 100,000t a year sulphuric acid alkylation unit (SAAU) is based on Haldor Topsoe's proprietary Wetgas Sulphuric Acid (WSA) technology. This technology is a key component of the refinery's operations.

Advanced process control (APC) systems for the refinery's crude distillation (CDU) and fluid catalytic cracking (FCCU) process units were installed by Honeywell in 2011. Honeywell's expertise in process control has been a valuable asset to the refinery.

A photovoltaic power plant and an outdoor switchgear were installed at the refinery by GP Group in 2011. This addition has helped reduce the refinery's carbon footprint.

The automation solutions at the refinery are being modernised by EmersonProcess Management under a multi-year contract received in March 2010. This contract has ensured a smooth transition to more efficient automation systems.

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The Burgas facility is situated about 15km from Burgas, Bulgaria, on the coast of the Black Sea.

This location provides easy access to the sea, which is likely a significant factor in the refinery's operations.

The refinery is built near the coast, which is a strategic advantage for a facility that likely relies on maritime transportation.

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Lukoil Neftohim Burgas has taken steps to ensure environmental protection. The company has a Complex Permit No КР-6-Н2/2015 that guarantees compliance with the Environmental Protection Act.

The permit outlines the conditions under which the company can operate its new and existing units and facilities. This shows that Lukoil Neftohim Burgas is committed to minimizing its impact on the environment.

The company has also prepared information about planned safety measures and ways of behavior in case of emergency situations. This information is available on the company's site and is intended to help prevent accidents and ensure a safe working environment.

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Here are some key safety measures and emergency procedures:

The company has also assessed the potential for a "domino" effect, which could occur in the event of a large incident. This assessment helps to identify potential risks and take steps to mitigate them.

Environmental Protection Documents play a crucial role in ensuring the safety and well-being of the community and the environment.

LUKOIL Neftohim Burgas JSC has a Complex Permit (КР-6-Н2/2015) that guarantees compliance with the Environmental Protection Act.

This permit is a vital step in protecting the environment.

The company has also planned safety measures and emergency response plans in place, including information about behavior during emergency situations.

If a large incident were to occur, the "domino" effect would need to be considered, as it poses a significant hazard.

To familiarize oneself with the protection regimes of protected areas, an ecology information sheet is available.

This sheet provides crucial information about the protection of areas where the Rosenets Port terminal and LUKOIL Neftohim Burgas JSC are located.

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LUKOIL Neftohim Burgas AD has published a Tariff of access passes prices, which outlines the fees for entering the territory of the company.

The contractor or its authorized representative is responsible for paying all fees in accordance with the approved Tariff.

The Tariff includes prices for issue and activation of passes for access to the territory of LUKOIL Neftohim Burgas AD.

Here is a list of the Tariff's contents:

The company also publishes various corporate management documents, including the Corporate management code 2017 and Corporate management declaration, both in Bulgarian.

LUKOIL Neftohim Burgas AD regularly publishes financial statements and reports, including Interim financial statements for H1'2016, H1'2017, and H1'2018, and Interim reports on activity for H1'2016, H1'2017, and H1'2018, all in Bulgarian.

The company also provides notifications of financial status, including for Q3'2016, Q4'2016, and Q1'2017.

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Lukoil Neftohim Burgas has seen significant international involvement over the years. A former Bulgarian prime minister is working to acquire the refinery with the backing of a US asset management firm.

The refinery has attracted interest from various parties, including a Bulgarian-US joint venture with strong ties to Washington. This joint venture is one of several firms that have expressed interest in the refinery.

The Burgas refinery has undergone several upgrades and modernizations, including the installation of advanced process control systems by Honeywell in 2011.

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Lummus Technology's Novolen business was awarded a contract to provide polypropylene technology license for Lukoil Burgas petrochemical facility in October 2020.

Technip was awarded a significant contract worth approximately £501m ($780m) for Phase one works of the heavy residue hydrocracking complex in January 2012.

Technip is also responsible for the FEED studies for the project, which they completed in 2010.

Sices Spa Italy and GP Group are subcontracted by Technip to carry out the construction and assembly works.

Cordele Bulgaria is constructing the ancillary facilities for the project.

Devnya Cement is supplying approximately 15,000m³ to 20,000m³ of concrete for the project.

Flowserve Corporation will supply ebullating pumping systems and barrel pumps for the project.

Maire Tecnimont's KT-Kinetics Technology was the EPC contractor for the SRU-4.

ThyssenKrupp Uhde was the main contractor for the desulphurisation units that went online in 2009.

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Bulgaria is attempting to squeeze Lukoil out of the country, making its refinery a highly sought-after asset.

Several firms have expressed an interest in the refinery, including a Bulgarian-US joint venture with strong ties to Washington.

A Floridian oil magnate has now entered the race to take over the largest refinery in the Balkans, joining a list of investors vying for control.

The US investors are piling up for Lukoil's Bulgarian refinery, with multiple groups in the energy sector showing interest.

A vegan beverage billionaire, Michael Karsch, has also joined the competitors, who are hoping for a good deal due to US and EU sanctions on Russian oil.

The sale of the refinery is being driven by Bulgaria's attempts to distance itself from Russia, amid the European Union's crackdown on Russian oil.

Lukoil's refinery in Bulgaria is the focus of intense interest, with several potential buyers vying for control.

The refinery is owned by Russia's Lukoil, and its sale is being closely watched by the international community.

Dimitrios Dotsios, a Greek businessman, has teamed up with McKinsey to try to acquire the refinery, which is at the heart of Bulgaria's attempts to distance itself from Russia.

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Bulgaria, Kazakhstan, and Russia are all connected through a significant energy deal.

Kazakhstan's KazMunayGas has close ties with Russia and Lukoil, a Russian oil company.

KazMunayGas is now competing with other companies from the US and Azerbaijan for a stake in a Bulgarian refinery.

This is a growing trend of international involvement in Bulgaria's energy sector.

KazMunayGas has a strong presence in the region, which gives them an edge in the competition.

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