Serbia Oil

Oil Reserves in Serbia

See also: List of countries by Oil Reserves

Serbia holds 77,500,000 barrels of proven oil reserves in the world as of 2016, ranking #73 in the world and accounting for about 0.0047% of the world's total oil reserves of 1,650,585,140,000.

Serbia has proven reserves equivalent to 2.9 times its annual consumption levels. This means that, without net exports, there would be about 3 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Serbia

Oil Consumption in Serbia

See also: List of countries by Oil Consumption

• Serbia consumes 74,000 barrels per day (B/d) of oil as of the year 2016.
• Serbia ranks #88 in the world for oil consumption, accounting for about 0.076% of the world's total consumption of 97,103,871 barrels per day.
• Serbia consumes 0.44 gallons of oil per capita every day (based on the 2016 population of 7,126,083 people), or 159 gallons per capita per year (4 barrels). [1 barrel = 42 US Gallons]

Oil Production in Serbia

See also: List of countries by Oil Production

• Serbia produces 23,150 barrels per day of oil (as of 2016) ranking #77 in the world.
• Serbia produces every year an amount equivalent to 10.9% of its total proven reserves (as of 2016).

Oil Imports

• Serbia imports 60% of its oil consumption (44,283 barrels per day in 2016).

History of Oil Consumption and Production