Oil in Spain: in the Spirit of the Banned Corrida

Eugene M. Khartukov

Abstract


The past, current status and future of the oil sector of Spain are considered and analyzed. The author uses methods of comparative and systematic analyses, which are implemented for assessing the Spanish oil in the context of the world, Europe and the EU. The article mainly concludes the Covid-19 pandemic has seriously hit the Spanish oil market, however, the pandemic has made inland oil demand and petroleum imports of Spain lower but the domestic crude oil production, which is currently close to zero, will unlikely increase in the near term.

Keywords


Crude oil; Condensate; History; Production; Petroleum companies; Repsol; CAMPSA; CEPSA; Oil refining; Consumption; Bio-energy; Foreign trade; Spain

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References


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DOI: http://dx.doi.org/10.3968/12552

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