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Europe · BGR

Bulgaria

Kozloduy nuclear, Maritsa lignite, and a Black Sea LNG option.

importer

Oil production

0.0 mb/d

0.1 mb/d demand

Net oil

-0.1 mb/d

Import gap

Gas production

0 bcm

Net -3 bcm

O&G rent

0.2%

Share of GDP

Oil balance

Production versus demand, 2025, million barrels per day.

Production0.0 mb/d
Consumption0.1 mb/d

Gas balance

Production versus demand, 2025, billion cubic metres.

Production0.1 bcm
Consumption2.8 bcm

Proven oil

0 bn bbl

Gas reserves

0.0 tcm

Refining

0.0 mb/d

LNG

No LNG

Hydrocarbon mix

Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).

  • Oil50%
  • Gas50%

Economy

TurkStream transit fees are a rent. Coal-region jobs still veto a fast exit.

GDP
$0.1 tn
Population
6.4 m
Oil intensity
0.3 bbl /$1k
Oil & gas rent
0.2% GDP
Hydrocarbon trade
3.4% GDP
Fiscal breakeven
$30 oil shock
-10.0 pp GDP
Club
Independent

Projected oil demand

Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.1 mb/d (net -0.1) versus NZE 0.0 mb/d (net -0.0).

Scenario2025203020352050
Stated Policies0.10.10.10.1
Net Zero 20500.10.10.00.0
Current Policies0.10.10.10.1

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