Panama Oil

Oil Consumption in Panama

See also: List of countries by Oil Consumption

• Panama consumes 155,000 barrels per day (B/d) of oil as of the year 2016.
• Panama ranks #63 in the world for oil consumption, accounting for about 0.16% of the world's total consumption of 97,103,871 barrels per day.
• Panama consumes 1.62 gallons of oil per capita every day (based on the 2016 population of 4,029,086 people), or 590 gallons per capita per year (14 barrels). [1 barrel = 42 US Gallons]

Oil Production in Panama

See also: List of countries by Oil Production

• Panama produces 446 barrels per day of oil (as of 2016) ranking #113 in the world.
• Panama produces every year an amount equivalent to of its total proven reserves (as of 2016).

Oil Imports and Exports

• Panama does not import nor export any Oil (as of 2016).

History of Oil Consumption and Production