Thursday, April 8, 2010

Romanian Two-Month Energy Output Falls on Gas, Crude Production

By Irina Savu

April 7 (Bloomberg) -- Romanian energy production fell 3.8 percent in the first two months of this year compared with the same period a year earlier on a decline in natural-gas and crude oil output.

Energy generation dropped to 3.8 million metric tons of oil equivalent, the National Statistics Institute said today in an e-mailed statement. Energy imports rose 4 percent to 1.6 million tons, according to the Bucharest-based institute.

Natural-gas production shrank 6 percent to about 1.5 million tons of oil equivalent, while crude oil declined 6.7 percent to 667,900 tons, the institute said. Coal output declined 1.8 percent to 936,300 tons of oil equivalent, according to the institute.

Electricity use climbed 3.1 percent to 8.8 billion kilowatt-hours as western European demand for Romanian products prompted large power consumers such as carmaker Dacia SA to boost output, the institute said.

Industrial output rose 7.1 percent in January, after gaining 8.3 percent in December, the institute said last month. February industrial output data will be released tomorrow.

1 comment:

Guava said...

Crude oil production may rose in U.S oil refineries raised operating rates to 84.5 percent of capacity last week, the Energy Department reported on April 7.