The city is surrounded by the Burgas Lakes and located at the westernmost point of the Black Sea, at the large Burgas Bay. The LUKOIL Neftochim Burgas is the largest oil refinery in south-eastern Europe and the largest industrial enterprise. The Port of Burgas is the largest port in Bulgaria, and Burgas Airport is the second-most important in the country. Burgas is the centre of the Bulgarian fishing and fish processing industry.
The Burgas Wetlands are highly recognized for their significance to biodiversity and as a resource pool for various products utilized by people. Lake Burgas is Bulgaria’s largest lake and situated in the middle of the city. It is important for migrating birds. Over 250 species of birds inhabit the lake area, 61 of which are endangered in Bulgaria and 9 globally, attracting keen birdwatchers from all over the world; the lakes are also home to important fish and invertebrates. In the site have been recorded several IUCN red-listed species of animals – 5 invertebrates, 4 fish, 4 amphibians, 3 reptiles, 5 birds and 3 mammals. Situated along the second largest migration path of birds in Europe, the Via Pontica, the site is an important stopover and staging site for a large number of water-birds, raptors and passerines. Yearly during migration and wintering more than 20,000 (up to 100,000) waterbirds congregate there.
The Atanasovo Lake is one of the two salt-water lakes in the Black Sea region and contains rare and representative examples of wetland habitats. It is a hot spot for biodiversity, with many red-listed species of plants and animals. It is a well-known bottleneck site for migratory birds, with around 60,000 raptors and 240,000 storks, pelicans and cranes passing over the site and often landing in large numbers for staging. The highest numbers in Europe of migrating White Pelicans, Dalmatian Pelicans, Marsh Harriers and Red-footed Falcons have been recorded here.