Romania produced more than 2.07 million tonnes of oil equivalent of crude oil in the first ten months of this year, down by 173,400 toe, a decrease of 7.7%, compared with the same period in 2024, according to data centralised by the National Institute of Statistics (INS).
Crude oil imports totalled 7.74 million toe over the period analysed, about 1.1 million toe more than those recorded in the first ten months of the previous year, an increase of 16.5%.
According to the latest energy balance prognosis published by the National Commission for Strategy and Prognosis (CNSP), crude oil production is expected to decline by 2027 at an average annual rate of 2.5%.
Thus, crude oil output is estimated at 2.74 million toe in 2025, down by 2.8% compared with the previous year, 2.68 million toe in 2026, a decrease of 2.2%, and 2.63 million toe in 2027, down by 1.9%.
According to the National Commission for Strategy and Prognosis, this decline is the result of the natural depletion of deposits and the maintenance of existing production units.
Crude oil imports are forecast to rise to 7.8 million toe in 2027, at an average annual rate of 1.5%, increasing by 10.4% in 2025 to 7 million toe, by 7.4% in 2026 to 7.52 million toe, and by 7.8% in 2027. AGERPRES
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