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Extraction of crude petroleum and natural gas, Industry Analysis, Bulgaria, 2018

The Extraction of crude petroleum and natural gas industry in Bulgaria was represented by 6 companies at the end of 2018, compared to 6 in the previous year and 6 in 2016.

The industry's net loss amounted to BGN 1,458,000 in 2018.

The industry's total revenue was BGN 20,853,000 in 2018, down by 76.90% compared to the previous year.

The combined costs of the companies in the Extraction of crude petroleum and natural gas industry reached BGN 21,545,000 in 2018, down by 58.87% year-on-year.

The industry's total revenue makes up 0.02% to the country's Gross domestic product (GDP) in 2018, compared to 0.09% for 2017 and 0.08% in 2016.

A total of 28 people were employed in the Extraction of crude petroleum and natural gas industry in 2018, compared to 27 in 2017 and 532 in 2016.

Most of the companies in the industry are based in Sofia, followed by Varna.

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