German oil imports on the rise

Mar 08, 2004 01:00 AM

German oil imports rose strongly in January to 9.31 mm tons, marking a 5.2 % gain on the 8.85 mm tons in January 2003, but a double-digit drop in prices lowered the overall bill, Berlin reported.
The Economics Ministry cited an average price of EUR 182.33 per ton, down 18.2 % from the average of EUR 222.87 per ton in January last year.

With that price decline the oil import bill in January was EUR 274 mm lower at EUR 1.7 bn, the ministry said, citing preliminary figures from the federal agency for industry BAFA.
The Russian Federation led the list of Germany's oil suppliers, at just under 3.36 mm tons in January, followed by Norway (1.97 mm), Britain (1.06 mm) and Libya (1 mm tons), the ministry said.

Source: Business Report
Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« June 2018 »
1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30

Register to announce Your Event

View All Events