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      Powering Bulgaria’s Energy Evolution

      Driving economic resilience by bridging the gap between Bulgaria’s industrial energy heritage and the untapped potential of domestic exploration.

      • Risks for Oil & Gas
        • Cost and competitive pressures 
        • Need to upgrade ageing refineries and pipelines  
        • Geopolitical uncertainties 
        • Regulatory constraints 
        • Increasing concerns for ecological threats and impact 
        • New and disruptive technologies.  
      • Major Developments
        • Economic Impact: Home to the Balkans' largest refinery and key industrial players.

        • Domestic Potential: Increasing focus on offshore exploration to reduce import reliance.

        • Investment Interest: Growing appeal for multinationals despite the moratorium on shale gas.

        • Market Reform: Transition to a liberalized market via the EU Third Energy Package.

      What do we do?

      At KPMG we help Oil & Gas companies navigate Bulgaria’s evolving energy landscape, from managing the region’s largest industrial operations to exploring new offshore frontiers. By combining deep technical expertise with a clear understanding of market liberalization and regulatory shifts, we empower our clients to mitigate risk and capture growth in a competitive, shifting global market.

      gas and oil

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