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Energy
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Energy Resource |
Annual production |
Comments - More Details |
| Coal Reserves | 37 | m tons | Reserves have been estimated at 4bn tons Source: US EIA
| | Crude Oil | 12 | m tons | Romania is the number one oil producer in central and eastern Europe and produced 6.3 m tons of petroleum last year. At present, the country has 4 Black Sea oil platforms, which are yielding 1.5 m tons of crude oil yearly, which is more than 12 % of the country's total crude output.
In 1999 Romania's petroleum company Petrom discovered a new oilfield in the Black Sea, which is believed to be the largest Romanian discovery made for several decades according to the Chairman of Petrom.
The new oilfield is asserted to have a potential commercial value of between $4-$8bn as at 3rd qtr 2000.
Experts have predicted the oilfield can meet the country's demand for petroleum for at least 10 years.
Source: Alexander's Gas & Oil Connections
| | Electricity Hydro | 15 | bn KW | The total theoretical hydroelectric potential of Romania--given optimum technological conditions--has been calculated at some 70 billion kilowatt-hours in an average year, but for technical and economic reasons only a fraction of this potential has been developed. Geographically, the hydroelectric reserves of Romania are concentrated along the Danube and in the valleys of rivers emerging from the mountain core of the country. Other hydrographic resources include the more than 2,500 lakes, ranging from the glacial lakes of the mountains to those of the plains and the marshes of the Danube delta region. The main effort since the 1940s, however, has been on the Arges, Bistrita, Lotru, Olt, Mare, Sebes, and Somes rivers as well as on the Danube at the Iron Gate. Source: US EIA & Enc. Britannica
| | Electricity Nuclear | 5 | bn KW | Romania's nuclear power generation systems have been implemented in 1990s, and are jointly managed by Romanian and Canadian resources. Source: World energy statistics
| | Electricity Thermal | 32 | bn KW | Romania has large reserves of Coal for Thermal power production Source: World energy statistics
| | Petroleum Products | 6 | m tons | 10 refineries provide Romania with the 5th largest refining capacity in Europe (14th in World) Source: US EIA
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