Commodity market report
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27 Pages

Bulgaria downstream oil long-term outlook 2016

Bulgaria downstream oil long-term outlook 2016

Report summary

The rate of economic growth and its impact on oil demand growth (particularly of transport fuels) is the key oil market driver in Bulgaria, alongside the rate of modernisation of the logistical and distribution infrastructure and its impact on unit costs. As the country's sole refiner, LUKOIL dominates the fuels marketing sector and acts as the price setter for inland market pricing. In early 2016 Bulgaria’s Commission for Protection of Competition (CPC) commenced a formal investigation into alleged anti-competitive practices among some of the major fuel retailers. 

What's included?

This report includes 1 file(s)

  • Bulgaria downstream oil long-term outlook 2016 PDF - 683.57 KB 27 Pages, 12 Tables, 17 Figures


The long-term outlook for the fuels marketing sector is influenced by many factors: oil product demand, the market structure, key companies and downstream infrastructure developments to name a few.

This long-term outlook report provides a country update of demand trends and an assessment of the key players and assets serving the market.

The report is based on in-depth research about oil product demand, individual market participants and assets and helps downstream operators, traders and financial institutions determine product trading strategies, optimise their assets and identify attractive investment opportunities.

With over 20 years of experience in the refining industry, Wood Mackenzie is a trusted global leader with a reputation for producing consistently reliable information. Our senior analysts are based in the markets they analyse. They use detailed research data to forecast, benchmark and recognise trends that will help both new and existing participants identify opportunities and avoid risks.

  • Executive summary
    • Market drivers
    • Outlook
  • Demand
    • Demand forecast
  • Policy and regulation
    • Regulatory issues
    • Product quality
  • Trade
  • Key companies
    • Structure of the oil products market
    • Company positions
      • LUKOIL
      • Petrol AD
      • OMV
  • Market structure
    • Fuels retailing
      • Overall network development
      • Petrol AD
      • International oil companies
      • Independents
      • Network efficiency
      • Performance pacesetters in the retail market
      • Non-fuel retailing
    • Commercial fuels
      • Motor fuels (gasoline and diesel)
        • Commercial diesel volumes
      • Industrial/domestic gas oil
      • Aviation kerosene
      • Heavy fuel oil
      • LPG
      • Lubricants
      • Bitumen
  • Margins
    • Key issues influencing gross fuel margins
    • Key issues influencing net profitability
    • Marketing gross fuel margins
      • Main products: annual average unit gross margins
  • Infrastructure
    • Storage and distribution infrastructure
    • Storage capacity concentration

In this report there are 29 tables or charts, including:

  • Executive summary
  • Demand
    • Key demand indicators
    • Total demand
    • Demand: Image 2
    • Demand by sector
    • Demand: Table 2
  • Policy and regulation
  • Trade
    • Trade balance 2009 - 2015
    • Trade: Image 2
    • Trade: Image 3
    • Trade: Table 1
    • Trade: Image 4
    • Trade: Table 2
    • Trade: Image 5
    • Trade: Table 3
  • Key companies
    • Estimated oil products market shares - 2015
  • Market structure
    • Retail fuel volumes
    • Retail outlets by brand
    • Market shares
    • Number of sites and average throughputs
    • Network effectiveness ratio: ratio of share of fuel sales to share of sites
    • Market structure: Image 4
  • Margins
    • Gross fuel margins parameters
    • Main products: monthly unit gross margins 2010-2015
    • Margins: Table 2
  • Infrastructure
    • Infrastructure: Image 1
    • Means of primary distribution
    • Infrastructure: Table 1
    • Independent storage facilities
    • Crude input slate - 2015
    • Burgas refinery profile
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