Romania Oil

Oil Reserves in Romania

See also: List of countries by Oil Reserves

Romania holds 600,000,000 barrels of proven oil reserves in the world as of 2016, ranking #45 in the world and accounting for about 0.036% of the world's total oil reserves of 1,650,585,140,000.

Romania has proven reserves equivalent to 8.2 times its annual consumption levels. This means that, without imports, there would be about 8 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Romania

Oil Consumption in Romania

See also: List of countries by Oil Consumption

• Romania consumes 200,000 barrels per day (B/d) of oil as of the year 2016.
• Romania ranks #56 in the world for oil consumption, accounting for about 0.21% of the world's total consumption of 97,103,871 barrels per day.
• Romania consumes 0.42 gallons of oil per capita every day (based on the 2016 population of 19,777,051 people), or 155 gallons per capita per year (4 barrels). [1 barrel = 42 US Gallons]

Oil Production in Romania

See also: List of countries by Oil Production

• Romania produces 96,470 barrels per day of oil (as of 2016) ranking #51 in the world.
• Romania produces every year an amount equivalent to 5.87% of its total proven reserves (as of 2016).

Oil Imports

• Romania imports 74% of its oil consumption (148,428 barrels per day in 2016).

History of Oil Consumption and Production