Data from the Romanian National Institute for Statistics (INS) shows that crude oil imports in Romania reached 4.375 million tons of oil equivalent (toe) in the first six months of 2025, up 1.005 million toe or 29.8% compared to the same period in 2024.
Meanwhile, domestic crude oil production fell to 1.25 million toe, a decline of 7.6% or 103,200 toe from the previous year.
The latest Energy Balance Forecast from the National Commission for Strategy and Forecasting (CNSP) projects continued declines in domestic production, averaging 2.5% annually through 2027. The forecast estimates production of 2.74 million toe in 2025 (-2.8% year-on-year), 2.68 million toe in 2026 (-2.2%), and 2.63 million toe in 2027 (-1.9%).
According to CNSP, the decline is driven by the natural depletion of oil deposits and the continued operation of existing production units. Meanwhile, crude oil imports are expected to rise to 7.8 million toe by 2027, increasing at an average annual rate of 1.5%.
