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Albania leads Balkans for oil-producing capaticities

Albania is the largest oil producer among the Western Balkan countries and the third largest across Southeastern Europe, reads a recent report published by the Greek-based South East Energy Institute of Energy.

In the region, involving 12 countries, along with countries such as Turkey or Greece, Albania is third, with a production of 21100 barrels of oil per day, ranking behind Turkey and Romania.

Among the six Western Balkan countries, meanwhile, the only country that can be compared with Albania is Serbia, with a production of 20,500 barrels of oil per day.

Bosnia and Herzegovina, Montenegro, Kosovo and Macedonia have zero oil production.

When it comes to consumption, Albania ranks third among the Western Balkan countries, after Serbia and Bosnia and Herzegovina.

The report estimates that in the country, oil consumption is fixed at 24,000 barrels per day, slightly above production.

However, domestic production should be seen as separated from consumption, as in the case of production it is gross crude oil, which is exported overseas, in the absence of processing capacities inside Albania.

Albania 21,100 24,000
Bosnia and Herzegovina 0,00 33,000
Bulgaria 3,600 90,000
Croatia 18,000 76,000
Cyprus 0,00 53,000
FYROM 0,00 18,000
Greece 1,900 285,300
Montenegro 0,00 6,100
Romania 103,000 187,200
Serbia 20,560 76,000
Kosovo 0,00 12,000
Turkey 61,000 719,270

Scan Tv,  20.11.2017