EU: Oil Consumption 2009-2023
There are two major components of oil consumption. In the chemical industry, oil is used for fertilizers, obtaining plastics and other materials. At the same time, oil is/was one of the main sources of energy, both industrially, in thermal power plants, and for vehicles.
The EU’s plan to reduce pollution by 2030 mainly aims to reduce the consumption of oil and natural gas for energy production. The decline in oil consumption began decades ago and was accelerated by the Russian invasion of Ukraine. The conflict led to the drastic reduction of imports from Russia, to finding other suppliers for European countries and, above all, to accelerating the transition to renewable energies.
The biggest consumers in 2009-2010 were Germany, with 115 million tons, France, with about 85 million tons, and almost equally Italy, Spain and Great Britain, with about 75 million tons annually. see full article
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