Jan - Aug 2012 oil imports take 8 pct y-o-y dip

In the first eight months of the current year Romania imported over 3.385 million tonnes of oil equivalent, by 295,100 toe (8.6 percent) less than in the similar period of the year before, shows data centralized by the National Statistics Institute (INS). The domestic oil production between January - August 2012 amounted to 2.601 million toe, by 1.8 percent (46,400 toe) lower y-o-y. According to a British Petroleum study, at the end of 2011 Romania's proven oil ...

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