Norway — Oil Import Dependency
Detailed breakdown of Norway's crude oil import profile: share originating from the Middle East, top supplier countries, exposure to Strait of Hormuz transit risk and total net import volume. Sourced from the U.S. EIA, IEA and JODI Oil World Database.
Key statistics
- Region: Europe
- Middle East crude oil share: 0%
- Net crude oil imports: 0 thousand barrels/day
- Top supplier: Net exporter (0% of imports)
- Strait of Hormuz exposure: 0% of imports transit Hormuz
- Risk tier: Negligible
What this means for Norway
Norway is a net exporter of crude oil. While it is not directly exposed to Middle East import disruption, prolonged Hormuz closure affects global benchmark prices, freight rates and refining margins for partners.
See the full route cost projections and the Hormuz reopening probability model to understand the timeline and cost of alternative supply.
Compare with regional peers (Europe)
| Country | ME share | Net imports | Hormuz exposure |
|---|---|---|---|
| Turkey | 47% | 950 kbd | 30% |
| Greece | 38% | 460 kbd | 36% |
| Portugal | 26% | 250 kbd | 24% |
| Romania | 24% | 170 kbd | 22% |
| France | 23% | 1,100 kbd | 22% |
| Bulgaria | 22% | 140 kbd | 20% |
| Poland | 21% | 540 kbd | 20% |
| Croatia | 20% | 90 kbd | 19% |