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    Home > Chemicals Industry > Chemical Technology > Denmark is likely to become a net importer of oil this year

    Denmark is likely to become a net importer of oil this year

    • Last Update: 2022-11-26
    • Source: Internet
    • Author: User
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    According to foreign media in London on August 30, Denmark's 25-year history as a net oil exporter will end
    this year after sharply cutting its long-term oil production forecasts on Thursday.

    The Danish Energy Agency expects Denmark's oil production to fall to 128,000 barrels per day this year, down from 138,000 barrels last year and 10 percent
    below estimates a year ago.

    The decline in Danish oil production forecast is due to a downward adjustment of North Sea resources and delays and greater uncertainty
    in the development of several fields and discoveries.

    Denmark has been a net exporter of oil since 1993, when developments in technologies such as horizontal drilling made it possible
    to exploit the hard-to-use reserves of the North Sea.
    Denmark's oil production peaked at 390,000 barrels
    per day in 2004.

    According to foreign media in London on August 30, Denmark's 25-year history as a net oil exporter will end
    this year after sharply cutting its long-term oil production forecasts on Thursday.

    petroleum

    The Danish Energy Agency expects Denmark's oil production to fall to 128,000 barrels per day this year, down from 138,000 barrels last year and 10 percent
    below estimates a year ago.

    The decline in Danish oil production forecast is due to a downward adjustment of North Sea resources and delays and greater uncertainty
    in the development of several fields and discoveries.

    Denmark has been a net exporter of oil since 1993, when developments in technologies such as horizontal drilling made it possible
    to exploit the hard-to-use reserves of the North Sea.
    Denmark's oil production peaked at 390,000 barrels
    per day in 2004.

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