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 36% of Bulgaria's power. Bulgaria is a major producer and exporter of electricity in the region and plays an important role in the energy balance on 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. Bulgaria is completely self-sufficient in energy, and exports massive amounts of natural gas. It produces almost no oil, however, and is heavily dependent on imports for crude oil. Most of Bulgaria's energy is produced from fossil fuels, almost twice the amount of hydropower or nuclear energy.