Two proposals between the first and second reading of the budget prove the state's readiness to acquire shares of "Lukoil". Submitters are Kostadin Angelov - GERB-SDF, Kiril Dobrev - BSP, Pavela Mitova - "There are such people" and Yordan Tsonev - DPS-New Beginning.
The first proposal is to increase the maximum amount of state guarantees next year by 2 billion euros - from 3.8 billion to 5.8 billion euros. There are no reasons for it, reports "24 Chasa".
The second proposal of the same deputies reads "in the event of a need to acquire shares or stakes in the capital in cases under Article 27c, paragraph 5 of the Law on the Administrative Regulation of Economic Activities Related to Oil and Petroleum Products".
If both proposals are adopted, this will mean that the budget provides state guarantees and financing through the Bulgarian National Bank for the acquisition of assets or stakes in the capital of "Lukoil" companies in Bulgaria.
After the refinery fell under US sanctions, the ruling coalition made amendments to the Law on the Administrative Regulation of Activities Related to Oil and Petroleum Products. With the new texts, the deputies gave the special manager of the four refinery companies in our country the right to carry out distributive transactions, without his actions being subject to administrative and judicial control.
State guarantees are not included in the state's debt, but they weigh as an obligation because they will immediately become active in the case of problems with the repayment of those to whom they were given. BDB will seek their repayment on the financial markets under good conditions, since the loan is guaranteed by the state.
We recall that Rumen Spetsov was appointed as a special manager at "Lukoil", and after changes to the Law on Administrative Regulation of Activities Related to Oil and Petroleum Products, he has the right to carry out disposition transactions, without his actions being subject to administrative and judicial control, news.bg pointed out.
The two new proposals also provide a financial opportunity for the state to acquire assets from one of the "Lukoil" companies in our country.