Austria's Petroleum Consumption: Understanding Usage And Impact

Austria's energy supply is based on a mix of energy sources. In 2022, 35% of the country's energy came from oil, with the majority of this being imported. In 2016, Austria consumed 262,352 barrels of oil per day, ranking 46th in the world for oil consumption. The country's oil consumption is greater than its oil reserves, making it highly dependent on oil imports.

Austria's oil consumption is 262,352 barrels per day

Austria consumes 262,352 barrels of oil per day. This figure is based on data from 2016, when the country's population was 8,737,915 people. In that year, Austria consumed 95,758,648 barrels of oil in total, ranking 46th in the world for oil consumption. This accounted for about 0.3% of the world's total consumption of 97,103,871 barrels per day.

Austria's oil consumption is highly dependent on imports, with the country importing 56% of its oil consumption in 2016, or 147,702 barrels per day. The country's total oil reserves are less than even a single year of consumption, making it reliant on imports to sustain its usage levels.

In terms of production, Austria produces 29,415.20 barrels of oil per day, ranking 74th in the world. This amount is equivalent to 23.6% of its total proven reserves.

While oil is a significant energy source for Austria, the country also relies on other sources such as hydropower, biomass, natural gas, and renewable energies. In 2022, oil accounted for approximately 35% of the country's energy consumption, while renewable sources made up 31.6%.

Austria ranks 46th in the world for oil consumption

Austria's oil consumption is high compared to its oil production. In 2016, Austria produced 29,415.20 barrels of oil per day, ranking 74th in the world. This means that Austria imports 56% of its oil consumption, or 147,702 barrels per day. In 2022, oil accounted for 35% of the country's energy consumption.

Austria's oil reserves are also low compared to its consumption. As of 2016, Austria held 45,400,000 barrels of proven oil reserves, ranking 77th in the world. This is less than the country consumes in a single year.

Austria's oil production is 29,415.20 barrels per day

Austria's oil consumption is much higher than its production, at 262,352 barrels per day as of 2016. This makes Austria highly dependent on oil imports, with 56% of its oil consumption imported in 2016. In 2022, oil accounted for 35% of the country's energy consumption.

Austria's total oil reserves are 45,400,000 barrels, which is less than the country's oil consumption in a single year. The country ranks 77th in the world for its oil reserves, which account for 0.0% of the world's total.

Austria's energy supply is based on a mix of energy sources, with one-third of its energy needs supplied by domestic production. The country's primary energy production is derived from renewable sources, most notably hydropower and biomass.

Austria imports 56% of its oil consumption

Austria is highly dependent on oil imports to sustain its consumption levels. In 2016, the country consumed 262,352 barrels of oil per day, ranking 46th in the world for oil consumption.

Austria's oil consumption is not met by its domestic production. In 2016, the country produced 29,415.20 barrels of oil per day, ranking 74th in the world. This amount is equivalent to 23.6% of its total proven reserves.

In 2022, oil accounted for 35% of Austria's energy consumption, with the remainder coming from natural gas, renewable energies, coal, and combustible waste. The country has set a goal of becoming 100% renewable electricity by 2030, primarily through hydro, wind, and solar power.

Oil accounted for 35% of Austria's energy consumption in 2022

Austria's energy supply is based on a balanced mix of energy sources. One-third of the country's energy needs are supplied by domestic production, with the remainder imported from abroad. In 2022, renewable sources such as hydropower and biomass made up 31.6% of the country's energy consumption, while natural gas accounted for 21.3%, coal for 7.5%, and combustible waste for 2.2%.

Austria's energy plan, made in 2020, has set a target of 100% renewable electricity by 2030, with a focus on hydro, wind, and solar power. The country passed a Renewable-Expansion-Act in 2021, which stipulates that 27 TWh of renewable power needs to be added by 2030.

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