Energy Reports

Bulgaria energy report

Bulgaria energy market analysis is derived from the most recent key economic indicators, supply and demand factors, oil & gas pricing trends and major energy issues and developments surrounding the energy industry. The analysis includes a comprehensive energy market report and updated Bulgaria energy market data.

Bulgaria energy report
Update: May, 2016
Format: 2 files (PDF report, Excel file)
Pages: 46 (Report only)
Delivery: Immediate by e-mail


Bulgaria energy market report offers an incisive and reliable overview of the energy sector in Bulgaria. With a focus on oil, gas, coal and power markets, the report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2014 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities.

  • Institutions & Energy Policy

    The Ministry of Energy is in charge of the country's energy policy.

    The Energy and Water Regulatory Commission (EWRC) is in charge of regulating the activities of the energy sector, including some energy prices.

    In March 2015, the Bulgarian Energy Law was amended to include...

  • Energy Companies


    The country's sole refining company is Lukoil Neftochim Burgas, a joint stock company, 58% of which was sold to Lukoil in 1999. Lukoil operates the 195 000 bbl/d (9.75 Mt/year) Burgas refinery.

    Petrol lost its monopoly on the distribution of oil products, but remains the largest fuel...

  • Energy Supply


    Oil production in Bulgaria is very limited (45 kt in 2014). This forces the country to import oil, with imports reaching 8 Mt in 2014. More than 80% of crude oil imports come from Russia.

    Bulgaria has a large refinery with a capacity of 195 000 bbl/d (9.75 Mt/year), located on the Black...

  • Energy Prices


    In 2003 Bulgaria renegotiated its gas procurement contract with Russia, replacing the preferential rate mode (discount on gas price) with transit duties, and the regulator authorised a 50% increase in the gas price. Consequently, gas prices soared between 2004 and 2012, with residential prices...

  • Energy Consumption

    Consumption per capita is 2.5 toe (19% lower than the EU average), with electricity accounting for about 3 950 kWh in 2014, which is 28% below the EU average. Bulgaria's energy intensity is one of the highest among EU countries (almost 90% above the EU average).

    Total energy consumption...

  • Issues & Prospects


    Bulgaria intends to increase the use of gas in order to reduce coal and oil consumption in district heating, thereby meeting strict environmental requirements and improving energy efficiency.

    According to gas transmission company Bulgartransgaz, gas consumption should rise from 3.1 bcm in...

Download the Table of Contents

In the Bulgaria market report you will find the graphs mentioned below:

  • GRAPH 1: CO2-energy emissions (MtCO2)
  • GRAPH 2: Installed electric capacity by source (2014, %)
  • GRAPH 3: Gross power production by source (TWh)
  • GRAPH 4: Power generation by source (2014, %)
  • GRAPH 5: Map of natural gas infrastructure
  • GRAPH 6: Gasoline & diesel prices (€/l)
  • GRAPH 7: Electricity prices for industry and households (€c/kWh)
  • GRAPH 8: Gas prices for industry and households (€c/kWh GCV)
  • GRAPH 9: Consumption trends by energy source (Mtoe)
  • GRAPH 10: Total consumption market share by energy (2014, %)
  • GRAPH 11: Final consumption market share by sector (2014, %)
  • GRAPH 12: Oil consumption (Mt)
  • GRAPH 13: Oil consumption breakdown by sector (2014, %)
  • GRAPH 14: Electricity consumption (TWh)
  • GRAPH 15: Electricity consumption breakdown by sector (2014, %)
  • GRAPH 16: Natural gas consumption (bcm)
  • GRAPH 17: Gas consumption breakdown by sector (2014, %)
  • GRAPH 18: Coal consumption (Mt)
  • GRAPH 19: Coal consumption breakdown by sector (2014, %)

In the Bulgaria market report you will find follow tables:

  • Economic Indicators: Annual historical data including population, GNP growth, imports & exports, inflation rate, energy security and efficiency indicators, CO2 emissions.
  • Supply Indicators: Historical data including oil & gas reserves, electric & refining capacity, energy production, power production and external trade. All detailed by energy source.
  • Demand Indicators: Historical data includes consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source & sector, and, electricity consumption by sector.
  • Energy Balances: Unique tabular display of the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
  • Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.

The Bulgaria market data since 1990 included in the Excel file is given below.
Historical evolution allows to easily work with the data.

2014 Key Data included in the excelsheet:

  • Economic indicators: Annual historical economic indicators, energy security, energy efficiency and CO2 emissions.
  • Supply indicators: Annual historical reserves, capacity, production and external trade (imports(+) exports(-) balance).
  • Demand indicators: Annual historical consumption per capita, consumption trends, total consumption, final consumption (per energy and per sector) and electricity consumption total and per sector.
  • Energy Balance: total and per energy.
  • Bulgaria Energy Prices: In addition to the analysis provided on the report we also provided a data set which includes historical details on the Bulgaria energy prices for the follow items: price of premium gasoline (taxes incl.), price of diesel (taxes incl.), price of electricity in industry (taxes incl.), price of electricity for households (taxes incl.), price of natural gas in industry (taxes incl.), prices of natural gas for households (taxes incl.), spot price of Brent and CO2 emissions (from fuel combustion).

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