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Romania imports 7.17 million toe of crude oil in Jan-Oct 2019

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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 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 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…

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