Sofia administrative court suspended revocation of LUKoil Bulgaria license.

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SOFIA, August 2 (Itar-Tass) —— The Administrative Court of Sofia on Monday suspended the resolution of the country’ s Customs Agency to revoke a license from LUKOil Bulgaria.

According to the court’s press centre, the court ruled that there are enough evidence to prove that the halt of the company’s refinery would inflict “significant or unrecoverable damage” on the company, which has contracts with the Bulgarian Railways and Stolichny Transport Co, and is the only supplier of aircraft fuels.

The court ruling may be challenged at the Supreme Administrative Court withi seven days. A trial on the merits is scheduled for August 31.

In an interview with Bulgaria’s national radio, the head of the Customs Agency, Vanyo Tanov, said his agency would challenge the ruling.

Bulgarian customs sealed warehouses of LUKOIL Bulgaria on July 27 under the pretext that the company did not fulfill the demand for installing remote control sensors. That caused the revocation of the license and the suspension in the operation of the refinery.

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