U.S. Energy Information Administration (EIA)
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Korea, South  

Country Analysis Brief Overview

  • South Korea relies on imports to meet about 97% of its energy demand as a result of insufficient domestic resources, and the country is one of the world's leading energy importers.
  • South Korea has a large oil refining sector, but the country relies almost entirely on crude oil imports to fuel its refineries.
  • South Korea is the second-largest importer of liquefied natural gas in the world behind Japan.
  • Rising coal consumption in South Korea and a negligible production level have caused the country to rely heavily on imports over the past several years.
  • Fossil fuel sources account for more than two-thirds of South Korea's electricity generation.

Read full Korea, South Analysis Brief »

Analysis Last Updated: April 1, 2014


Overview data for Korea, South

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Petroleum (Thousand Barrels per Day)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
OECD
World
Rank
Korea, South
Total Oil Production 0.0000 , 0.0000 , 0.0000 , 0.0000 , -12.7334 , -9.0202 , -8.1450 , -7.4346 , -9.5639 , -11.7858 , -9.8286 , -20.7430 , -23.5888 , -23.4761 , -23.7454 , -22.3424 , -15.2285 , -0.6944 , 10.6593 , 5.5156 , 14.0113 , 14.7822 , 21.9133 , 14.5888 , 16.9178 , 17.2481 , 28.0154 , 30.0332 , 33.6573 , 54.6500 , 58.4747 , 59.7895 , 61.0436 , 59.7977
(1980-2013)
61.04 9,024 22,533 89,692 58 59.80
Crude Oil Production 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000
(1980-2013)
0.00 7,674 15,662 75,889 94 0.00
Consumption 537.0000 , 536.0000 , 534.0000 , 561.0000 , 554.0000 , 552.0000 , 592.0000 , 627.0000 , 746.0000 , 860.0000 , 1048.0000 , 1263.0000 , 1527.0000 , 1684.0000 , 1840.0000 , 2008.0000 , 2101.0000 , 2255.0000 , 1917.0000 , 2084.0000 , 2135.3306 , 2132.0411 , 2149.1534 , 2175.3836 , 2155.1202 , 2191.3370 , 2179.9041 , 2240.4805 , 2142.3183 , 2188.4868 , 2268.5181 , 2257.7340 , 2301.0388 , 2305.3542
(1980-2013)
2,301.04 29,037 45,853 89,160 9 2,305.35
Estimated Petroleum Net Exports -537.0000 , -536.0000 , -534.0000 , -561.0000 , -566.7334 , -561.0202 , -600.1450 , -634.4346 , -755.5639 , -871.7858 , -1057.8286 , -1283.7430 , -1550.5888 , -1707.4761 , -1863.7454 , -2030.3424 , -2116.2285 , -2255.6944 , -1906.3407 , -2078.4844 , -2121.3193 , -2117.2589 , -2127.2401 , -2160.7948 , -2138.2024 , -2174.0889 , -2151.8887 , -2210.4473 , -2108.6610 , -2133.8368 , -2210.0434 , -2197.9445 , -2239.9952 , -2245.5565
(1980-2013)
-2,240.00 -20,013 -23,321 -- 211 -2,245.56
Refinery Capacity 601.0000 , 607.0000 , 755.0000 , 755.0000 , 776.0000 , 776.0000 , 782.0000 , 862.0000 , 820.0000 , 880.0000 , 867.0000 , 867.0000 , 1163.1000 , 1147.1000 , 1147.1000 , 1169.9000 , 1244.0000 , 2211.2500 , 2540.1000 , 2540.1000 , 2540.1000 , 2560.1000 , 2560.1000 , 2560.1000 , 2544.0000 , 2576.5000 , 2576.5000 , 2576.5000 , 2576.5000 , 2606.5000 , 2701.5000 , 2721.5000 , 2759.5000
(1980-2012)
2,722 24,875 45,873 88,097 6 2,760
Proved Reserves(Billion Barrels) 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000
(1980-2003)
0.00 44 75 1,032 90 0.00
Natural Gas (Billion Cubic Feet)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
World
Rank
 
Korea, South
Production 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 17.3750 , 18.0813 , 15.2914 , 15.6092 , 26.5216 , 33.4433 , 35.8094 , 37.4339 , 18.1872
(1980-2013)
37.43 17,227 118,866 63   18.19
Consumption 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 2.5074 , 74.7619 , 96.5865 , 93.4788 , 106.0000 , 127.0000 , 157.9993 , 205.4274 , 273.4400 , 325.6396 , 442.5676 , 536.2936 , 488.8302 , 598.3421 , 670.9497 , 745.4290 , 822.1332 , 896.2241 , 1021.6276 , 1076.2953 , 1137.2843 , 1230.7984 , 1265.3718 , 1215.2951 , 1524.3720 , 1640.7349 , 1764.1608 , 1877.1688
(1980-2013)
1,764.16 23,625 120,017 18   1,877.17
Net Export/Imports(-) -106.0000 , -127.0000 , -157.9993 , -205.4274 , -273.4400 , -325.6396 , -442.5676 , -536.2936 , -488.8302 , -598.3421 , -670.9497 , -745.4290 , -822.1332 , -896.2241 , -1021.6276 , -1029.1850 , -1164.7240 , -1179.0972 , -1314.3184 , -1190.7865 , -1547.3267 , -1650.2346 , -1687.6685 , 0.0000
(1990-2013)
-1,687.67 -5,640 -- 6   0.00
Proved Reserves
(Trillion Cubic Feet)
0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.0000 , 0.1060 , 0.1060 , 0.1060 , 0.1060 , 0.0710 , 0.0710 , 0.0350 , 0.2500 , 0.1860 , 0.2030
(1980-2014)
0.19 521 6,846 83   0.20
Coal (Million Short Tons)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
World
Rank
 
Korea, South
Production 20.5294 , 21.8974 , 22.1741 , 21.8930 , 23.5564 , 24.8494 , 26.7344 , 26.7575 , 26.7807 , 22.9115 , 18.9785 , 16.5986 , 13.1947 , 10.4091 , 8.1990 , 6.3052 , 5.4575 , 4.9736 , 4.8072 , 4.6264 , 4.5746 , 4.2075 , 3.6575 , 3.6354 , 3.5175 , 3.1217 , 3.1129 , 3.1813 , 3.0567 , 2.7767 , 2.2972 , 2.2972 , 2.3060
(1980-2012)
2.297 5,529 8,444 41   2.306
Consumption 30.7655 , 34.1838 , 34.6655 , 37.7597 , 44.2358 , 49.5224 , 53.8501 , 52.3862 , 53.5933 , 50.6236 , 49.7738 , 48.2402 , 43.0860 , 45.6092 , 46.8504 , 49.2469 , 53.8666 , 57.0545 , 66.0218 , 61.8860 , 70.9800 , 80.0245 , 80.5668 , 82.2677 , 86.0178 , 87.9115 , 89.6367 , 98.2259 , 110.5221 , 114.1499 , 127.4140 , 140.0872 , 137.5993
(1980-2012)
140.087 5,482 8,285 10   137.599
Net Export/Imports(-) -5680.2104 , -8186.8665 , -10131.3437 , -12262.1116 , -14493.1898 , -21572.2333 , -22574.2343 , -22874.0630 , -26185.4063 , -27162.0542 , -26573.4199 , -32462.7918 , -33187.2881 , -39657.8558 , -44480.4680 , -50566.3290 , -51790.9969 , -55786.8756 , -65207.2285 , -57584.7454 , -67944.2676 , -71613.8621 , -75852.2493 , -77583.9804 , -84925.3741 , -81833.3907 , -84122.8914 , -94082.2745 , -107061.9908 , -109873.9871 , -125807.8978 , -138164.8081 , -135702.2445
(1980-2012)
-138.165 -39 -- 3   -135.702
Electricity (Billion Kilowatthours)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
World
Rank
 
Korea, South
Net Generation 34.4720 , 37.2330 , 39.6700 , 44.9110 , 49.6180 , 53.4680 , 58.8330 , 66.5530 , 76.9070 , 85.7700 , 98.1250 , 110.2070 , 121.5150 , 134.2574 , 170.7677 , 188.8879 , 210.4546 , 229.2212 , 225.0120 , 222.0870 , 271.9933 , 291.3446 , 310.3041 , 323.9238 , 345.7205 , 363.9218 , 379.0653 , 402.3582 , 419.0694 , 426.0048 , 468.2733 , 489.6220 , 494.6991
(1980-2012)
489.62 8,409 21,081 10   494.70
Net Consumption 32.0640 , 34.6570 , 36.9700 , 41.5870 , 46.3270 , 50.1460 , 55.9350 , 63.5460 , 73.3670 , 81.0140 , 94.4920 , 107.4730 , 118.9850 , 126.0654 , 163.2957 , 180.0379 , 199.9506 , 218.2762 , 212.4580 , 212.0190 , 259.5423 , 279.2546 , 296.4001 , 312.8918 , 332.9265 , 350.1938 , 364.4783 , 387.0132 , 402.9634 , 409.2348 , 450.2393 , 472.1920
(1980-2011)
450.24 7,060 18,501 10   472.19
Installed Capacity (GWe) 9.0127 , 9.4127 , 9.8227 , 12.5887 , 13.6647 , 15.9632 , 17.7866 , 17.6853 , 18.5787 , 19.6017 , 19.6250 , 19.7145 , 22.7248 , 26.2577 , 29.2220 , 32.6830 , 38.7450 , 44.7900 , 48.3100 , 50.8690 , 52.9670 , 56.9870 , 58.1710 , 60.8540 , 63.6660 , 66.1710 , 69.8190 , 73.1080 , 79.7900 , 80.5770 , 85.6440 , 84.8740
(1980-2011)
85.64 1,903 5,086 13   84.87
Total Primary Energy (Quadrillion Btu)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
World
Rank
 
Korea, South
Production 0.3811 , 0.4055 , 0.4109 , 0.4679 , 0.5198 , 0.6000 , 0.7434 , 0.8606 , 0.8481 , 0.8708 , 0.8626 , 0.8446 , 0.7872 , 0.7690 , 0.7159 , 0.7719 , 0.8191 , 0.8429 , 0.9756 , 1.1028 , 1.1566 , 1.1805 , 1.2268 , 1.3413 , 1.3439 , 1.4781 , 1.5138 , 1.4718 , 1.5440 , 1.5231 , 1.5404 , 1.6114 , 1.5699
(1980-2012)
1.611 154 518 42   1.570
Consumption 1.7584 , 1.8223 , 1.8328 , 2.0101 , 2.1348 , 2.3059 , 2.5749 , 2.8163 , 3.1231 , 3.3963 , 3.8402 , 4.3466 , 4.8253 , 5.3945 , 5.8396 , 6.3605 , 6.7577 , 7.3403 , 6.9003 , 7.4724 , 7.8374 , 8.1308 , 8.4034 , 8.7060 , 8.9219 , 9.2096 , 9.3399 , 9.7156 , 9.8955 , 9.9793 , 10.8242 , 11.3154 , 11.4527
(1980-2012)
11.315 199 520 9   11.453
Energy Intensity
(Btu per 2005 U.S. Dollars)
10229.5872 , 9985.8671 , 9357.9341 , 9265.3447 , 9102.4507 , 9205.8220 , 9292.8626 , 9148.2932 , 9168.9897 , 9341.2429 , 9676.2089 , 10011.8932 , 10497.6403 , 11057.6234 , 11028.6554 , 11003.3676 , 10925.9306 , 11340.4891 , 11445.1857 , 11336.5359 , 10944.4486 , 10920.2113 , 10533.1879 , 10614.9683 , 10397.9475 , 10324.6613 , 9955.1371 , 9852.5410 , 9809.5555 , 9861.1406 , 10075.2324 , 10164.3535
(1980-2011)
10,075 7,821 7,401 35   10,164
Carbon Dioxide Emissions (Million Metric Tons of CO₂)
Previous Year
Latest Year
   
History
Korea, South
Asia & Oceania
World
Rank
 
Korea, South
Total from Consumption of Fossil Fuels
131.7355 , 137.9045 , 138.9484 , 148.4895 , 163.6168 , 172.3243 , 180.2992 , 185.6901 , 207.8065 , 219.5069 , 242.1318 , 269.6744 , 293.4606 , 330.6410 , 351.4244 , 381.4337 , 396.9028 , 426.2600 , 380.7515 , 423.5814 , 438.6543 , 450.4483 , 467.9952 , 477.8473 , 485.9100 , 493.8007 , 484.2100 , 503.0997 , 521.7701 , 524.4392 , 581.0996 , 610.9538
(1980-2011)
581.10 13,840 31,502 7   610.95

-- = Not applicable; NA = Not available; E = Estimate value
Sources: EIA. For more detailed data, see International Energy Statistics.

Data last updated: May 30, 2013

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