Acasă » Oil&Gas » Romania’s crude oil imports fell 0.9% in the first ten months of 2021

Romania’s crude oil imports fell 0.9% in the first ten months of 2021

28 December 2021
Import-Export
energynomics

Romania imported, in the first ten months of 2021, a quantity of crude oil of over 5.513 million tons of oil equivalent (toe), about 49,700 toe (0.9%) lower than that imported in the similar period of 2020, according to data centralized by the National Institute of Statistics (INS).

Crude oil production amounted to almost 2.6 million toe, 4.2% (112,900 toe) lower than the previous year, according to Agerpres.

According to the estimates of the National Commission for Strategy and Forecast, crude oil production is estimated for this year at 3.275 million toe (minus 3.2% compared to 2020) and in 2022 at 3.2 million toe (minus 2.3%). Imports are expected to reach 8,425 this year (plus 20.7%) and 8.815 million toe in 2022 (plus 4.6%).

The draft Energy Strategy, published on the website of the Ministry of Energy, estimates that oil production will continue its down trend between 2030 and 2050, from 22 to 13 TWh (1.93 to 1.15 million toe).

Modeling results in 2016 indicate a halving of domestic crude oil production to about 2 million tonnes by 2030. Increasing dependence on imports can only be avoided in the medium and long term by encouraging exploration and production, as well as increasing efficiency in fossil fuel consumption, is mentioned in the project.

Leave a Reply

Your email address will not be published. Required fields are marked *