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Country: Bulgaria | Posted / Last update: 09-09-2009

Bulgarian Petroleum and Gas Association

Bulgarian Petroleum and Gas Association was established in 1999 by the major companies active in the Petroleum and Gas industry in Bulgaria: "PETROL" AD, "SHELL BULGARIA" EAD, "OVERGAS INC" AD, "SHELL GAS BULGARIA" AD, "TOPLIVO" AD.

Today members of the Association are also "OMV Bulgaria" EOOD, "Eco petroleum" and "Prista Oil" The Association was founded under the conditions of a State monopoly in the petroleum industry. The organisation took active part in the subsequent events and nowadays the prices of the fuels are liberalised and subject only to the regulation of the market principles. Now both "Neftochim" and "Petrol" are private and follow the rules of the market economy.

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