"Bulgaria Oil & Gas Report Q4 2013" Is Now Available at Fast Market Research
The Bulgarian business environment remains challenging with ongoing conflicts between Lukoil and Customs authorities downstream and a moratorium on hydraulic fracturing upstream. Bulgaria's oil sector is uninspiring with limited new activity and a continued decline in domestic production. Upside in Bulgaria's oil and gas sector comes from the US$1.2bn investment to upgrade the Neftochim refinery which will add a 50,000 barrel per day vacuum distillation unit, while the natural gas sector is looking increasingly positive. New gas projects being brought...
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