Korea, South

Country Analysis Brief Overview

South Korea is a major energy importer.
South Korea has a large refining sector, but relies on crude imports for nearly all of its oil needs.
South Korea is the second-largest importer of liquefied natural gas in the world behind Japan.
Conventional thermal power accounts for more than two-thirds of South Korea's electricity generation.

Analysis Last Updated: January 17, 2013

Overview data for Korea, South

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Petroleum (Thousand Barrels per Day)			2011					2012
		History	Korea, South	Asia & Oceania	OECD	World	Rank	Korea, South
Total Oil Production	Production of crude oil (including lease condensate), natural gas plant liquids, and other liquids, and refinery processing gain (loss). Negative value indicates refinery processing loss.	Total Oil Production Enlarge chart Rollover line points for data.Close	59.79	8,846	21,618	87,192	58
Crude Oil Production	Includes lease condensate.	Crude Oil Production Enlarge chart Rollover line points for data.Close	0.00	7,623	14,904	74,070	93
Consumption	Consumption of petroleum products and direct combustion of crude oil.	Petroleum Consumption Enlarge chart Rollover line points for data.Close	2,230.17	28,230	46,497	88,256	10
Net Export/Imports(-)	Net Exports = Total Oil Production – Consumption. Negative numbers are Net Imports.	Petroleum Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	-2,170.38	-19,384	-24,879	--	6	NA
Total Oil Exports to U.S.	Total crude oil and petroleum products.	Total Oil Exports to U.S. Enlarge chart Rollover line points for data.Close	NA		NA		NA	NA
Refinery Capacity	Crude oil distillation capacity as of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Refinery Capacity Enlarge chart Rollover line points for data.Close	2,722	24,875	45,873	88,097	6	2,760
Proved Reserves(Billion Barrels)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Petroleum Proved Reserves Enlarge chart Rollover line points for data.Close	0.00	40	NA	NA	88	0.00
Natural Gas (Billion Cubic Feet)			2010					2011
		History	Korea, South	Asia & Oceania	World	Rank		Korea, South
Production	Dry natural gas.	Natural Gas Production Enlarge chart Rollover line points for data.Close	34	16,939	111,333	64		36
Consumption	Dry natural gas.	Natural Gas Consumption Enlarge chart Rollover line points for data.Close	1,526	20,602	113,321	21		1,614
Net Export/Imports(-)	Net Exports = Exports - Imports. Negative numbers are Net Imports. Note: Data range begins with the year 1990.	Natural Gas Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	-1,549	-3,425	--	6		-1,654
Proved Reserves (Trillion Cubic Feet)	As of January 1. Sources: U.S. data from EIA; Other countries from Oil & Gas Journal.	Natural Gas Proved Reserves Enlarge chart Rollover line points for data.Close	NA	539	6,669	91		NA
Coal (Million Short Tons)			2010					2011
		History	Korea, South	Asia & Oceania	World	Rank		Korea, South
Production	Production of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale).	Coal Production Enlarge chart Rollover line points for data.Close	2.297	5,101	7,954	40		2.297
Consumption	Consumption of primary coal (includes anthracite, bituminous, lignite, and for Estonia, oil shale) and net imports of metallurgical coke.	Coal Consumption Enlarge chart Rollover line points for data.Close	127.414	4,961	7,770	10		139.481
Net Export/Imports(-)	Net Exports = Exports – Imports. Negative numbers are Net Imports. Includes primary coal and metallurgical coke.	Coal Net Exports/Imports(-) Enlarge chart Rollover line points for data.Close	-125.808	-3	--	3		-138.165
Electricity (Billion Kilowatthours)			2009					2010
		History	Korea, South	Asia & Oceania	World	Rank		Korea, South
Net Generation	Conventional thermal electricity, hydroelectric power, nuclear electric power, and geothermal, solar, wind, and wood and waste electric power generation.	Electricity Net Generation Enlarge chart Rollover line points for data.Close	425.26	7,073	19,071	10		467.55
Net Consumption	Net generation+electricty imports-electricity exports-electricity distribution losses.	Electricity Net Consumption Enlarge chart Rollover line points for data.Close	408.49	6,474	17,360	10		449.51
Installed Capacity (GWe)	One billion watts or one thousand megawatts of electric capacity, as of January 1.	Electricity Installed Capacity Enlarge chart Rollover line points for data.Close	80.59	1,761	4,843	13		84.66
Total Primary Energy (Quadrillion Btu)			2010					2011
		History	Korea, South	Asia & Oceania	World	Rank		Korea, South
Production	Production of petroleum (crude oil and natural gas plant liquids), dry natural gas, and coal, and net generation of hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electric power.	Total Primary Energy Production Enlarge chart Rollover line points for data.Close	1.533	154	509	44		1.562
Consumption	Consumption of petroleum, dry natural gas, and coal, and net hydroelectric, nuclear, and geothermal, solar, wind, and wood and waste electricity. Also includes net electricty imports.	Total Primary Energy Consumption Enlarge chart Rollover line points for data.Close	10.783	194	511	10		11.161
Energy Intensity (Btu per 2005 U.S. Dollars)	Consumption per dollar of gross domestic product using purchasing power parities.	Total Primary Energy Intensity Enlarge chart Rollover line points for data.Close	10,037	7,975	7,452	36		10,025
Carbon Dioxide Emissions (Million Metric Tons of CO₂)			2009					2010
		History	Korea, South	Asia & Oceania	World	Rank		Korea, South
Total from Consumption of Fossil Fuels	Emissions from the consumption of petroleum, natural gas, and coal and the flaring of natural gas.	CO2 from Consumption of Fossil Fuels Enlarge chart Rollover line points for data.Close	531.07	12,800	29,778	9		578.97