In Europe, in recent years, investments in exploration and production of oil and gas have been encouraged, especially in developing countries, because of the high oil prices. There is a desired move from oil-driven economy to a gas-driven one, which can be seen in all of the OECD countries. The progression of this change is slow, but constant.

Because of that fact our team of attorneys has developed knowledge in commercial and regulatory matters in this certain industry. This helps us provide practical and commercial advice on the industry’s specifics such as:

  • Concession agreements
  • EPC agreements for construction of facilities of the gas and oil industry
  • Concessions with respect to municipal and household gas supply
  • Tenders for the construction, repair of gas pipelines and compressor station
  • Joint ventures
  • Litigation

Throughout our participation in Globalaw and BWSP our clients may rely on our connection with law firms in Central and Eastern Europe as well as in over 80 countries worldwide. Our Tax Department provides to clients in the oil and gas industry tax advisory services in relation to the application of double tax treaties, VAT and corporate taxation, excise duties and custom clearances. Our tax team offers representation before the National Revenue Agency and the relative Bulgarian courts in connection with tax audit procedures.

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