Europe / Caspian / CIS
Country profile: Bulgaria
|Location:||Southeastern Europe, bordering the Black Sea, between Romania and Turkey|
|Climate:||temperate; cold, damp winters; hot, dry summers|
|Terrain:||mostly mountains with lowlands in north and southeast|
|Size:||110910 sq. km total (Land area: 110550 sq. km Water area: 360 sq.km)|
|Population:||7,262,675 (July 2008 est.)|
|Languages:||Bulgarian 84.5%, Turkish 9.6%, Roma 4.1%, other and unspecified 1.8% (2001 census)|
|Legal system:||civil and criminal law based on Roman law; accepts compulsory ICJ jurisdiction with reservations|
The Bulgars, a Central Asian Turkic tribe, merged with the local Slavic inhabitants in the late 7th century to form the first Bulgarian state. In succeeding centuries, Bulgaria struggled with the Byzantine Empire to assert its place in the Balkans, but by the end of the 14th century the country was overrun by the Ottoman Turks. Northern Bulgaria attained autonomy in 1878 and all of Bulgaria became independent from the Ottoman Empire in 1908. Having fought on the losing side in both World Wars, Bulgaria fell within the Soviet sphere of influence and became a People's Republic in 1946. Communist domination ended in 1990, when Bulgaria held its first multiparty election since World War II and began the contentious process of moving toward political democracy and a market economy while combating inflation, unemployment, corruption, and crime. The country joined NATO in 2004 and the EU in 2007.
Energy production and consumption
|Production:||3,661 bbl/day (2005 est.)||407,000 cu m (2005 est.)|
|Consumption:||108,000 bbl/day (2005 est.)||5 cu m (2005 est.)|
|Exports:||51,000 bbl/day (2005 est.)||cu m (2005 est.)|
|Imports:||138,800 bbl/day (2004 est.)||5 cu m (2005 est.)|
|Reserves:||15 million bbl (1 January 2006 est.)||5 billion cu m (1 January 2006 est.)|
Bulgaria - recent news
|01 May 22
||Bulgaria: Trillion Energy to accelerate Bulgaria natural gas project
Trillion Energy International has provided an update on the 98,000-acre Vranino 1-11 natural gas exploration license block in the Dobrudja basin, Bulgaria and changes in the energy environment in Bulgaria.
|01 Sep 20
||Bulgaria: OMV Petrom completes deal to acquire interest in Total's Han-Asparuh exploration block, offshore Bulgaria
OMV Petrom has completed the transaction for the acquisition of 100% of the shares in OMV Offshore Bulgaria from OMV Exploration & Production and enters the Han-Asparuh exploration block, offshore Bulgaria. Following Repsol’s exit, the Bulgarian regulator approved the allocation of Repsol’s 30% participating interest to the remaining two partners.
|14 Jun 20
||Bulgaria: Repsol transfers its interest in Black Sea 1-21 Khan Asparuh block to OMV and Total
The Bulgarian government is reported to have granted Repsol permission to transfer its 30% interest in the deepwater 1-21 Khan Asparuh block, in the Black Sea, to its partners in the block, Total and OMV.
|02 Mar 20
||Bulgaria: Shearwater GeoServices awarded Bulgaria Black Sea 3D survey by Total
Shearwater GeoServices has announced the award of a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria. The survey covers 5,500 sq km in the Han Asparuh block 1-21.
|18 Jul 19
||Bulgaria: Shell's Black Sea well Khan Kubrat-1 disappoints
JV partner Woodside reports that Shell's Khan Kubrat-1 exploration well in the 1-14 Khan Kubrat block in the Black Sea has been plugged and abandoned after encountering non-commercial hydrocarbon shows in target reservoirs.
Bulgaria - more news
Other countries in this region
- Bosnia and Herzegovina,
- Czech Republic,
- Faroe Islands,
- United Kingdom,