Germany Oil And Gas Profile
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Introduction
- Germany is one of the world's largest consumers of Hydrocarbons, most of which is imported. The proportion of crude oil consumption produced in Germany is relatively low – domestic production, which totals 3.1 million tons, covers just three percent of demand in Germany.
- The annual consumption of natural gas in Germany is about 100 billion cubic meters, with domestic production accounting for about 15 percent of this figure.
History
- 1859 - an oil well struck oil for the first time in Wietze in Lower Saxony
Regulation
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Upstream
- Germany’s largest crude oil deposit is the Mittelplate Oil Field , in which Wintershall and RWE Dea each have a 50 percent share. With more than 1.6 million tons of crude oil a year, the Mittelplate deposit off the German North Sea coast at the southern end of the Wadden Sea tidal flats National Park in the state of Schleswig-Holstein provides almost two thirds of the total production in Germany
Active Companies
- Wintershall produces oil from 15 oil fields overall – seven of them as operator – and thus accounts for a large share of overall domestic production
Crude Oils
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Midstream
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LNG
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Downstream
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page revision: 4, last edited: 02 Jul 2012 08:32