Oil imported by the EU reaches 81% in 2021

Crude oil was the most imported energy product by the European Union (EU) in 2021, with a share of 69.8% and in the first half of the year the figures reached 81% of those recorded in 2020, advance data from Eurostat.

According to the European statistical office, crude oil (crude) is by far the main imported energy product (69.8% of total EU energy imports in 2021) ahead of natural gas in gaseous state (19.3%), the specialized news website can read.

In the first half of 2021 alone, net crude oil mass has already reached 57% of the entire previous year, and crude oil import values have reached 81% of those of 2020.

The average monthly value of energy imports into the EU, meanwhile, increased from €20.1 billion per month in 2017 to €23.7 billion per month in the first half of 2021, and by 2020 it was below €15 billion.

The volume of energy products had its highest value in the first half of 2021 (74.8 million tons) and its lowest in 2020 (63.2 million tons).

Between January and June, Russia's share of oil imports into the EU was 24.7%, compared to 25.5% in the 2020 cumulative, figures that almost double to 46.8% and 43.9%, respectively, for the gas market.

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