Bulgaria Oil & Gas Report Q3 2014 - New Market Research Report
The Bulgarian business environment remains challenging , suffering from high levels of corruption and inefficiency , while a moratorium on hydraulic fracturing remains in place . Bulgaria's oil sector is uninspiring with limited new activity and a continued decline in domestic production. Upside in Bulgaria's oil and gas sector comes from the USD 1. 5 bn investment to upgrade the Neftochim refinery which will add a 50,000 barrel per day vacuum distillation unit , and from the natural gas sector...
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