New Energy research report from Business Monitor International is now available from Fast Market Research

Boston, MA -- (SBWire) -- 02/07/2013 --BMI View: Key refinery operator Lukoil has made peace with the Bulgarian authorities and appears committed to renewed downstream oil investment as well as showing interest in upstream activities. Meanwhile, Bulgaria's upstream prospects rest on early and significant success at Black Sea drilling operations. It had been thought that shale gas prospects could stimulate long-term supply, but the ban on fraccing means there is little chance of progress, frustrating IOC partners involved in early deals.

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The main trends and developments we highlight for Bulgaria's oil and gas sector are:

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