Oil imports down 10 percent in first five months of 2012

Romania in the first five months of 2012 imported 2.051 million toes, 228,900 toes less (10 percent) than in the similar period of last year, according to the data centralized by the National Institute of Statistics (INS).The oil production in the period January- May stood at 1.626 million toes, 2 percent (33,400 toes) lower that in the first three months of 2011.According to a survey of British Petroleum, Romania's proved oil reserves at ...

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