1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Bulgaria Oil and Gas Report Q2 2016

Bulgaria Oil and Gas Report Q2 2016

  • March 2016
  • -
  • Business Monitor International
  • -
  • 89 pages

Includes 3 FREE quarterly updates

BMI View: Improvements in the refining sector have boosted refined fuels production, though 2016 will betougher with margins expected to drop. The restart of exploration in the Black Sea is positive for Bulgaria'soil and gas sector, which has suffered from heavy production declines in 2015.

The main trends and developments in Bulgaria's oil and gas sector are:

- Total will start drilling in the Black Sea Khan-Asparuh block between February and May 2016.

- Petroceltic is due to complete the tieback of the Kavarna East field to the Galata platform in H116supporting new gas output.

- A third well (Kaliakra-3) is being planned at the Kaliakra field to maintain output, given heavy declinesfrom Kaliakra-1.

- Gas production in Bulgaria dropped to an estimated 82mn cubic metres in 2015, down from 181mn in2014.

- Gasoline and diesel production increased over 20% in 2015 following the completion of Lukoil's newheavy residue complex.

- Gasoline and diesel consumption increased around 3-4% over 2015, supported by low prices.

Table Of Contents

Bulgaria Oil and Gas Report Q2 2016
BMI Industry View 7
Table: Headline Forecasts (Bulgaria 2014-2020) 7
SWOT 8
Oil and Gas SWOT 8
Industry Forecast 10
Upstream Exploration 10
Latest Updates 10
Structural Trends 10
Upstream Production - Oil 11
Latest Updates 11
Structural Trends 11
Table: Oil Production (Bulgaria 2014-2019) 13
Table: Oil Production (Bulgaria 2020-2025) 13
Upstream Production - Gas 14
Latest Updates 14
Structural Trends 14
Table: Gas Production (Bulgaria 2014-2019) 16
Table: Gas Production (Bulgaria 2020-2025) 16
Refining 17
Latest Updates 17
Structural Trends 17
Table: Refining Capacity And Refined Products Production (Bulgaria 2014-2019) 19
Table: Refining Capacity and Refined Products Production (Bulgaria 2020-2025) 19
Refined Fuels Consumption 20
Latest Updates 20
Structural Trends 20
Table: Refined Products Consumption (Bulgaria 2014-2019) 21
Table: Refined Products Consumption (Bulgaria 2020-2025) 22
Gas Consumption 22
Latest Updates 22
Structural Trends 22
Table: Gas Consumption (Bulgaria 2014-2019) 23
Table: Gas Consumption (Bulgaria 2020-2025) 24
Trade - Oil 24
Latest Updates 24
Crude Oil 24
Table: Crude Oil Net Exports (Bulgaria 2014-2019) 25
Table: Crude Oil Net Exports (Bulgaria 2020-2025) 26
Refined Fuels 26
Table: Refined Fuels Net Exports (Bulgaria 2014-2019) 27
Table: Refined Fuels Net Exports (Bulgaria 2020-2025) 28
Trade - Gas (Pipeline And LNG) 28
Latest Updates 28
Structural Trends 28
Table: Gas Net Exports (Bulgaria 2014-2019) 30
Table: Gas Net Exports (Bulgaria 2020-2025) 30
Industry Risk Reward Index 31
Central And Eastern Europe - Oil and Gas Risk/Reward Index 31
Table: Regional Risk/Reward Index Averages - High Risk, Low Reward In Central And Eastern Europe 31
Table: Central And Eastern Europe - Upstream, Downstream And Overall Risk/Reward Index 32
Upstream: China Still The Target Market 33
Table: Central And Eastern Europe Upstream Risk/Reward Index 35
Downstream: Turkish STAR Only Bright Spot In Weak Market 36
Table: Central And Eastern Europe - Downstream Risk/Reward Index 38
Bulgaria - Risk/Reward Index 40
Market Overview 42
Bulgaria Energy Market Overview 42
Regulatory Structure 42
Fiscal Regime 42
Table: Bulgaria Petroleum Taxes 43
Licensing Rounds 43
Oil and Gas Infrastructure 44
Oil Refineries 44
Table: Refineries In Bulgaria 44
Service Stations 44
Table: Major Fuel Retailers In Bulgaria 44
Oil Storage Facilities 45
Oil Terminals/Ports 45
Gas Storage Facilities 45
Gas Pipelines 45
Competitive Landscape 48
Competitive Landscape Summary 48
Table: Key Players In The Bulgarian Oil And Gas Sector 49
Table: Key Upstream Players 49
Table: Key Downstream Players 49
Company Profile 50
EKO Bulgaria 50
Lukoil Neftekhim 53
OGEP 56
OMV Bulgaria 59
Petroceltic 62
Petrol 66
Shell Bulgaria 69
Other Summaries 71
Regional Overview 74
Central And Eastern Europe Oil And Gas Regional Overview 74
Oil Production: Output Growth Stalling 74
Oil Consumption: Weak EM Growth Softens Demand 75
Refining Capacity: Modernisation Over Capacity Growth 76
Natural Gas Production: Gas Ramp-Up Depends On China's Hunger 77
Table: Central Asia-China Gas Pipeline Expansions 78
Gas Consumption: Demand Falters On Struggling Economies 79
Table: Central And Eastern Europe - Oil And Gas Production And Consumption, Refining Capacity And Trade 80
Glossary 82
Table: Glossary Of Terms 82
Methodology 84
Industry Forecast Methodology 84
Source 86
Risk/Reward Index Methodology 86
Table: Bmi's Oil and Gas Upstream Risk/Reward Index 88
Table: Weighting 89

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Gas Detection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • October 2016
  • by Transparency Market Research

Gas Detection Equipment Market: Scope and Methodology This report on the global gas detection equipment market provides analysis both in terms of value and shipment for the period from 2014 to 2024, wherein ...

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

Environmental Remediation Market by Environmental Medium (Soil & Groundwater), Technology (Bioremediation, Pump & Treat, Soil Vapor Extraction, Thermal Treatment, Soil Washing), Application, and Geography - Global Forecast to 2022

  • $ 5650
  • Industry report
  • October 2016
  • by MarketsandMarkets

“Environmental remediation market to grow at a high CAGR of 7.62% between 2016 and 2022” The environmental remediation market is expected to reach USD 123.13 billion by 2022, at a CAGR of 7.62% between ...


ref:plp2016

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.