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.

Nowadays members of the Association are:Bent Oil Ltd, Bulmarket DM OOD, V-Gas Bulgaria EAD, Gastrade Ltd, Eko Bulgaria EOOD, ZAEA-E EOOD, Litex AD, Lukoil Bulgaria EOOD, Lukoil Neftochim Burgas Ltd, NIS Pеtrol EOOD, OMV Bulgaria EOOD, Petrol Ltd, Prista Oil Holding EAD, Rompetrol Bulgaria Ltd, Synergon Petroleum EOOD, Shell Bulgaria EAD.

The Association was founded under the conditions of State monopoly in the petroleum industry. The dominating position of the State owned biggest refinery "Neftochim" and the non-privatized distributor "Petrol" determined the unequal basis for the players on the petroleum market. In this atmosphere the main task of the Association was predestined - to contribute to the process of demonopolisation of the petroleum industry and to the promotion of the Constitutional right of free business initiative. 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.

After achieving this first goal, Bulgarian Petroleum and Gas Association directs its activities towards the co-operation with the State authorities and the other non-political organisations in the process of harmonization of Bulgarian legislation with the Acquis Communautaire as a step towards the integration of Bulgaria into the European Union.

Nowadays Bulgarian petroleum and gas association take part in working groups to Ministry of Iconomics, Energy and Tourism, Ministry of Finance, Customs Agency.

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