4. OIL
Oil demand
Estonian oil demand remained relatively flat in the wake of the 2008 financial crisis, averaging around 26 kb/d in the period 2009-11. In 2018, Estonia’s total oil consumption was 29 kb/d, which is almost on par with the pre-crisis level, but still below its peak in 2012 at 30.4 kb/d (Figure 4.7).
Figure 4.7 Estonia’s total oil consumption by product, 2008-18
Thousand barrels per day (kb/d)
32
28
24
20
16
12
8
4
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LPG* and ethane
Naphtha
Motor gasoline
Jet and kerosene
Diesel
Other gasoil
Residual fuels 
Other products**
IEA 2019. All rights reserved.
Demand for diesel in the transport sector accounts for a growing share of total Estonian oil demand.
* Liquified Petroleum Gas
**Other products refer to crude oil, “other” natural gas liquids, shale oil, synthetic fuels, Orimulsion, hydrogen, synthetic crude, refinery gas, aviation gasoline, naphtha-type jet fuel, white spirit, industrial spirit, lubricants, bitumen, paraffin waxes, petroleum coke, tar, sulphur, aromatics and olefins.
Note: Total consumption includes refinery fuels and bunkers, and excludes backflows from the petrochemical sector and international marine bunkers.
Source: IEA (2019b), Oil Information 2019, www.iea.org/statistics.
Diesel for transportation is the most-consumed oil product in Estonia, accounting for nearly half of the total share in 2018. Demand for heating and bunkering oils accounted for 28% of total oil demand. There has been a substantial shift in the Estonian transport sector from gasoline to diesel and the share of gasoline in total oil demand has dropped from over 30% in the early 2000s to 19% in 2018. By sector,2 transport, mostly road transport from diesel, remained by far the largest oil-consuming sector, at around 72% of the total share.
Oil demand in the commercial sector3 has increased by around 34% over the past decade to become the second-largest oil-consuming sector in Estonia, at 11%. As for other sectors, oil consumption in the industry sector saw the largest decrease – 33% over the last decade – to account for 11% of the total share in 2017. Oil usage for transformation (heat and power generation) is rather minor in Estonia with around a 5% share in total on average.
2Information on oil consumption by sector is based on latest available data of 2017.
3Commercial sector includes agriculture, fishing and forestry.
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