Oil imports increase by 16.9pct

Romania imported, in the first two months of 2012, a quantity of 686,800 tons of crude oil equivalent, with 99,200 toe (16.9 percent) more than the same period last year, according to centralized data of the National Institute of Statistics (INS). Production of oil rose, in January-February period, to 638,200 toe, being 1.5 percent (9,900 toe) lower compared to that in the first two months of 2011. According to a study of British Petroleum, Romania's proved oil ...

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