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Summary | Profile

Country profile: Slovenia

Location: Central Europe, eastern Alps bordering the Adriatic Sea, between Austria and Croatia
Climate: Mediterranean climate on the coast, continental climate with mild to hot summers and cold winters in the plateaus and valleys to the east
Terrain: a short coastal strip on the Adriatic, an alpine mountain region adjacent to Italy and Austria, mixed mountains and valleys with numerous rivers to the east
Size: 20273 sq. km total (Land area: 20151 sq. km  Water area: 122
Population: 2,007,711 (July 2008 est.)
Languages: Slovenian 91.1%, Serbo-Croatian 4.5%, other or unspecified 4.4% (2002 census)
Government: parliamentary republic
Capital city: Ljubljana
Legal system: based on civil law system; has not accepted compulsory ICJ jurisdiction
Currency: euro (EUR)

Country profile

The Slovene lands were part of the Austro-Hungarian Empire until the latter's dissolution at the end of World War I. In 1918, the Slovenes joined the Serbs and Croats in forming a new multinational state, which was named Yugoslavia in 1929. After World War II, Slovenia became a republic of the renewed Yugoslavia, which though Communist, distanced itself from Moscow's rule.

Dissatisfied with the exercise of power by the majority Serbs, the Slovenes succeeded in establishing their independence in 1991 after a short 10-day war. Historical ties to Western Europe, a strong economy, and a stable democracy have assisted in Slovenia's transformation to a modern state. Slovenia acceded to both NATO and the EU in the spring of 2004.

Energy production and consumption

Oil Gas
Production: 5 bbl/day (2005 est.) 4 million cu m (2005 est.)
Consumption: 54,000 bbl/day (2005 est.) 1 billion cu m (2005 est.)
Exports: 2,276 bbl/day (2004 est.)  
Imports: 55,880 bbl/day (2004 est.) 1 billion cu m (2005 est.)
Major fields:

Slovenia - recent news

15 Jan 24
Slovenia: Ascent Resources successfully prevents Slovenian JV partner's immediate insolvency
Ascent Resources, the onshore Hispanic American and European focussed energy and natural resources company has announced, following the petitions lodged by Ascent Slovenia, that its joint venture partner's application to enter self-declared insolvency has not been approved by the relevant court.
08 Jan 24
Slovenia: Ascent Resource's Slovenian JV partner initiates insolvency proceedings
Ascent Resources has been advised that Geoenergo has initiated insolvency proceedings in Slovenia. Geoenergo is Ascent Slovenia's joint venture partner whom ASL has an ongoing Arbitration Tribunal hearing against. An administrator for Geoenergo is expected to be appointed shortly.
16 Mar 22
Slovenia: Ascent Resources provides update on Slovenia operations
Ascent Resources has provided an update on gas prices at its Petisovci gas project in Slovenia alongside amendments to the Slovenian Mining Law with consequent potential uplift in the Company's damages claim.
08 Jun 21
Slovenia: OMV and MOL Group reach agreement for MOL Group to acquire OMV Slovenia
OMV and MOL Group have announced the agreement for MOL Group to acquire OMV Slovenia. The agreement encompasses 120 filling stations as well as OMV’s wholesale business in Slovenia.
10 Mar 21
Slovenia: Ascent Resources announces Slovenia operations and JV partner update
Ascent Resources, the onshore Caribbean, Hispanic American and European focused energy and natural resources company, has announced an update on its operations in Slovenia and ongoing matters with JV partners.

Slovenia - more news

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