SERBIA

(in Southern Europe)

CAPITAL: BELGRADE

POPULATION: 10 mm

AREA (on): 88,400 km2

OIL PEAK: 1994

SUPPLY

New investment following the break-up of Yugoslavia has had little effect on declining onshore oil production, which peaked back in the 1970s. Declines are expected to continue.

However some small increases in gas output are forecast as new infrastructure is created and demand recovers.

There is no offshore production of oil or gas in Serbia and none is forecast.

 

DEMAND

After growing rapidly up to 2007, as Serbia shook off the historical influence of Yugoslavia, oil consumption is expected to flatten off whilst gas consumption continues to expand.

Imports of oil will remain fairly constant until higher prices quell demand growth in 2006 while gas imports grow a little.

 

NB. Includes Montenegro and Kosovo.

 
 

 

 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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