Energy in Bulgaria describes energy and electricity production, consumption and trade in Bulgaria. Although Bulgaria is not very rich in fossil fuels such as coal, oil and gas, it has very well developed energy sector which is of crucial importance for the Balkans and the whole South Eastern Europe. Nuclear power produces 40% of Bulgaria's power. Bulgaria is a major producer and exporter of electricity in the region and plays an important role for the energy balance in the Balkans. The country's strategic geographical location makes it a major hub for transit and distribution of oil and gas from Russia to Western Europe and other Balkan states.