Bulgaria is a key location as a transit route for many of the oil and gas pipelines and projects. We participate actively in the two largest gas pipeline projects planned for the near future: Nabucco and South Stream, as well as in the Bourgas-Alexandropolis project. There are also a number of energy projects on the horizon within the country itself, including: the construction of the second nuclear power plant in Bulgaria, Belene, the government proposal to create an energy holding of the five largest local energy companies, and the EU’s programme of increasing Bulgaria’s renewable energy production to 12% of the total by 2014. These are sure to make the energy market in the country very active for the future.
The energy sector in Bulgaria is particularly active and our Sofia office plays an important role within it. We are very experienced in working on complicated, long term projects and our lawyers are recognised by clients, competitors and independent legal directories as some of the finest in the country. Our knowledge of the market makes us invaluable counsels to an energy investor, because we go beyond being lawyers, we are the business advisors who always think one step ahead.
Our Sofia energy lawyers are part of one of the strongest energy teams in Central and Eastern Europe. We have built a stable and well-connected regional network, which enables us to exchange experience for the benefit of our clients. We are constantly working together to provide more knowledge and better service to those we work with.