Lithuania Oil

Oil Reserves in Lithuania

See also: List of countries by Oil Reserves

Lithuania holds 12,000,000 barrels of proven oil reserves in the world as of 2016, ranking #88 in the world and accounting for about 0.00073% of the world’s total oil reserves of 1,650,585,140,000.

Lithuania has proven reserves equivalent to 0.5 times its annual consumption levels. This means that, without imports, there would be about 1 years of oil left (at current consumption levels and excluding unproven reserves).

History of Oil Reserves in Lithuania

Oil Consumption in Lithuania

See also: List of countries by Oil Consumption

• Lithuania consumes 61,612 barrels per day (B/d) of oil as of the year 2016.

• Lithuania ranks #92 in the world for oil consumption, accounting for about 0.063% of the world’s total consumption of 97,103,871 barrels per day.

• Lithuania consumes 0.9 gallons of oil per capita every day (based on the 2016 population of 2,869,110 people), or 329 gallons per capita per year (8 barrels). [1 barrel = 42 US Gallons]

Oil Production in Lithuania

See also: List of countries by Oil Production

• Lithuania produces 10,336 barrels per day of oil (as of 2016) ranking #94 in the world.

• Lithuania produces every year an amount equivalent to 31.44% of its total proven reserves (as of 2016).

Oil Imports

• Lithuania imports 295% of its oil consumption (181,502 barrels per day in 2016).

History of Oil Consumption and Production