Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report charting Romanian oil and gas usage and comparing it against that of other Central and Eastern European Countries.
Romania Oil and Gas Report Q2 2009 forecasts that Romania will account for 4.58% of Central and Eastern European (CEE) regional oil demand by 2013, while providing just 0.55% of the supply.
The 96 page report forecasts an increase in Romanian oil consumption of 39.1% by 2018, with import volumes rising steadily from an estimated 136,000b/d (barrels per day) to 258,000b/d by the end of the 10-year forecast period. Domestic production is forecast to fall from an estimated 99,000b/d to 60,000b/d during the period.
Romanian gas consumption is expected to up from an estimated 18.0bcm to 28.9bcm by 2018, met by 21.7bcm of imports. A10-year forecast can be found in the appendix to this report, which provides global, regional and country-specific projections.
Romania occupies eighth place in the report’s upstream business environment rating, just behind Slovakia and Ukraine. Its gas production growth outlook, asset maturity and under-developed competitive landscape work against the country, and are exacerbated by poor country risk factors.
Romania Oil and Gas Report Q2 2009
Report Buyer product ID: BMI03729
Report Buyer produst category: Energy & Utilities
