BBSPA was founded in 1995 in Sofia as a non-governmental and non-profit organization.
The association facilitates regional oil and gas market development, liberalization
and diversification, information exchange and promotes regional projects, business
opportunities and encourages investments.
BBSPA is an organization bringing together the main oil and gas and energy companies
in the Balkan region, together with major multinational firms, interested in the
region. The association provides a forum for formal and informal exchange of information
and views and facilitates discussion and debate on the issues of the energy sector
in the region through its annual conferences and meetings.
The debate generated and issues raised by BBSPA are both on policy and business
matters.
BBSPA is observing regional energy markets and is a lobbyist and mediator
among members and before relevant parties and audiences.
BBSPA press activities and statements are on behalf and for the members and
industry.
BBSPA facilitates the improvement of investment climate in the petroleum industry
and the implementation of business ethics and good practices according to international
standards.
Current membership of the BBSPA comprises:
