In the first seven months of 2025, Romania produced1.46 million tons of oil equivalent (toe) of crude oil, down 19,600 toe (-7.6%) year-on-year, according to data with the National Institute of Statistics (INS).

The country’s crude oil imports totalled 5.143 million toe, up 906,500 toe from the the first seven months of 2024 (+21.4%).

According to the latest Energy Balance Forecast published by the National Commission on Economic Strategy and Forecast (CNSP), Romania’s cude oil production is expected to decrease by 2027 at an average annual rate of 2.5%.

Thus, in 2025, 2.74 million toe are estimated to be produced (-2.8% year-on-year), in 2026, 2.68 million toe (-2.2%) and in 2027, 2.63 million toe (-1.9%).

According to CNSP, this decrease is the consequence of the natural decline of the deposits and the maintenance of the existing production facilities.

Romania’s crude oil imports are expected to rise to 7.8 million toe in 2027, at an average annual rate of 1.5%, and it should increase by 10.4% in 2025 – to 7 million toe, by 7.4% in 2026 – to 7.52 million toe, and by 7.8% in 2027. AGERPRES