Drop in Romanian Oil
- By Unknown
- Jul. 12 1994 00:00
"Crude production amounted to 558,640 tons in June, falling both month on month and year on year," said department official Carmen Darabana. But six-month oil output, at 3.3 million tons, was 1 percent up from the year-ago period, she said.
From peak production of around 14 million tons in the 1970s, Romania has seen its crude output slide over the past 20 years, mainly because of depletion of tapped reserves.