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Land area (sq kms)
Oil prod (000s b/d)
Gas prod (bcm/yr)
Oil cons (000s b/d)
Gas cons (bcm/yr)
Macedonia (the former Yugoslav Republic of Macedonia) is a land-locked country in the central Balkan peninsula bordered by Kosovo to the northwest, Serbia to the north, Bulgaria to the east, Greece to the south and Albania to the west. It is a candidate for EU membership.
Corresponding to Paeonia and part of Dardania, north of ancient Macedonia (now in Greece), it was was first settled by Thracians. Romans established the Province of Macedonia in 146 BC. Later settled by Slavs it then changed hands many times until the 14th century when it became part of the Serbian Empire and then the Ottoman Empire. Led by Bulgarians, independence movements arose in the 1890s. An uprising in 1903 failed but in 1913, after the Balkan Wars, it was taken by Serbia. Occupied by Bulgaria in World War 1, it was retaken by Serbia in 1918 and in 1929 became part of Yugoslavia (called Vardar Banovina).
In World War 2 the Balkans were occupied by Germany. Bulgarians supported by the Soviets drove them out of Macedonia in 1944. Part of Yugoslavia again (now the Socialist Republic of Macedonia), it declared independence in 1991 in a peaceful transition although disruption from Albanians occurred during the Kosovo War. It has reformed its industrial economy but remains relatively poor.
Macedonia has a central valley formed by the Vardar river bordered by rugged mountain ranges. Three large lakes (Ohrid, Prespa and Dojran) lie on the southern border with Albania and Greece.
The region is seismically active between the Dinarides and the Hellenides tectonic zones and its sediments are highly disrupted. The geology is thus unfavourable for the accumulation of commercial volumes of oil and gas and Globalshift believes it is unlikely to achieve any production in the future.
MACEDONIA - Map and National Flag
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Population: 2.1 million
Macedonia is a parliamentary democracy with an executive government composed of a coalition of parties from a unicameral legislature. The Assembly is made up of 120 seats and the members are elected every 4 years. The role of the President is mostly ceremonial.
There is no government department specifically responsible for oil and gas resources.
Balloon in the mountains