Romania, the third largest oil producer in the EU


Get real time updates directly on you device, subscribe now.

The largest oil producers in the European Union were, in 2022, Italy (4.5 million tons), Denmark (3.2 million tons) and Romania (3 million tons), according to data published on Monday by Eurostat.

According to this source, EU crude oil production continued to decline in 2022, despite a significant increase in oil prices following the Russian invasion of Ukraine. EU oil production fell in 2022 to a historic low of 16.3 million tonnes, 7.4% less than in 2021.

Taking a longer time horizon into account, EU crude oil production has been declining since 2004, when it peaked at 41.8 million tonnes, meaning that production in 2022 was 61% lower compared to with the historical maximum since 2004.
In 2022 compared to 2021, oil production also decreased in the first three producers: Italy (minus 8%), Denmark (minus 2%) and Romania (minus 6%).
According to Eurostat, the EU’s dependence on imports of oil and oil products reached a new historical high of 97.7% in 2022, after in 2021 this dependence registered a significant decline to 91.6%.
In 2022, total EU crude oil imports stood at 479.6 million tonnes, a considerable increase of 7.4 percentage points compared to 2021, when these imports fell to their lowest level in 31 years . Most imports came from Russia (88.4 million tons), Norway (54.1 million tons), USA (48.3 million tons), Iraq (37.2 million tons) and Kazakhstan (36 .6 million tons).
Also in 2022, EU refineries produced 544.3 million tonnes of oil equivalent of petroleum products, up 4.5% compared to 2021. The largest producers of petroleum products were: Germany (99.9 million tonnes oil equivalent), Italy (74.6 million tons of oil equivalent), Spain (63.4 million tons of oil equivalent) and the Netherlands (59.6 million tons of oil equivalent). Next, in order, are France, Greece, Belgium, Poland, Sweden and Romania, with a production of less than 20 million tons of oil equivalent.
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.
So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRL
UniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002

Leave A Reply

Your email address will not be published.