Romania imported 7.17 millions toe of crude oil in the first ten months of 2019, by 167,700 toe (2.4 per cent) more than the quantity imported in the same period of 2018, according to data centralized by the National Institute of Statistics (INS).
The total crude oil production totalled 2.778 million toe, by 1.2 per cent (33,500 toe) less than in the previous year.
According to the Energy Strategy draft published on the Website of the Ministry of Energy, the crude oil production in Romania is currently facing a downward trend, with a sub-unitary reserve replacement ratio, due to the high degree of depletion of the deposits. Increasing the rate of recovery is possible, but with high investments that require certain packages of economic and tax measures.
The draft mentions that the proven crude oil reserves of Romania will run out in some 16 years, considering a consumption of 3.4 million tonnes per year.
Romania imports 7.17 million toe of crude oil in Jan-Oct 2019
Sursă foto: Twitter
Distribuie articolul
Distribuie articolul
București
12°C
12°CArticole Similare
7
Voineasa ski slopes, open on Easter too
7
10
Almost everyone who spoke at PSD's Bucharest-Ilfov regional meeting demanded we move into opposition (Grindeanu)
10
11
PM Bolojan: The Pesach holiday is about dignity, responsibility and respect, values that concern us all
11
10
Romanian, Ukrainian companies meet to develop drone projects
10
9
Ministry of Finance proposes package of measures to modernize system of electronic fiscal cash registers
9
10
Stroe (PNL): The new law to combat violence during sports games, an alignment with modern standards
10
6
Department for Romanians Abroad launches 2026 non-reimbursable financing session
6
9
Grindeanu: My colleagues told me that they no longer want us to continue in this form
9
9
Partnership with U.S. remains fundamental pillar for Romania's stability, economic development (minister)
9
9
Romania is the most successful country in terms of EU convergence (minister)
9
12
Senate passes Unified Digital Design System for state services
12
20
Grindeanu: I met Cristian Anton in Timisoara, I didn't bring him to the Ministry of Transport
20
17
Pîslaru: Any destabilization of Government would be an act of gross irresponsibility
17
Comentează