Bulgaria Will Import 70% Of Its Energy Resources. B

22.02.2002 Source: Novinite.com

Bulgaria will import 70% of its energy resources that will represent 27% of the country’s import, a concept for an energy strategy, approved by the Cabinet February 21 envisages. As far as the export is concerned, energy products will account for 14% of the whole amount – primarily oil and oil products. “The data show that Bulgaria is extremely dependent in terms of energy and the country has very high energy intensity – higher than any other country in Eastern and Central Europe, “ the concept points out. It envisages reduction of the role of the state in the energy sector and creating transparent conditions for development of the trade activities within the sector. Under the concept by the end of March Bulgaria's energy strategy must be prepared.