S Korean Updates: Energy Review Monthly - January 2013 (Summary) (31 Jan 2013)

Energy Review Monthly - January 2013(Summary) Author: KEEI Date: 31/01/2013

Energy Overview Production Energy production during October 2012 totaled 3,497 thousand TOE, up 4.6 percent compared with the level of production during October 2011. Coal production in October 2012 stood at 78 thousand TOE, down 0.3 percent compared with the previous October. Hydro production recorded 111 thousand TOE, up 24.0 percent from the comparable month level a year ago. Renewables production was 612 thousand TOE, up 10.5 percent from the level a year earlier. Nuclear electric power went up 3.4 percent to 2,674 thousand TOE, compared with 2,585 thousand TOE of the same month of 2011. Nuclear accounted for 76.5 percent of total domestic production in October 2012, maintaining the largest share of domestic production since 1989. All the anthracite, hydro and renewable energy accounted for only 23.5 percent of total energy production in October. Domestic production still kept low share of the primary energy consumption in October 2012, accounting for only 15.8 percent. Primary Energy Consumption Primary energy consumption during October 2012 totaled 21,102 thousand TOE, down 2.0 percent from the level during October 2011. Petroleum consumption was 8,836 thousand TOE, down 0.3 percent from the consumption level during October last year. It accounted for 40.0 percent of total consumption in October. Coal consumption reached to 6,649 thousand TOE, down 9.6 percent from the level a year earlier. Natural gas consumption recorded 3,221 thousand TOE, up 3.9 percent from the level in October 2011. The share marked 14.6 percent of total consumption. Imports Total energy imports during October 2012 was 24,319 TOE, down 1.0 percent from the level a year earlier. Energy import amount in October amounted to 14,724 million dollars, with a year-on-year decrease of 0.1 percent. Total crude and petroleum products imports was worth of 11,776 million dollars, was accounting for 80.0 percent of total energy imports in October 2012. Coal and LNG imports showed 1,108 and 1,808 million dollars, respectively this October. Table 1. Energy Summary for October 2012 Table 2. Energy Consumption Summary for October 2012 Energy Overview

For more information: 
http://www.keei.re.kr/main.nsf/index_en.html?open&p=%2Fweb_keei%2Fen_publish.nsf%2Fby_allreport%2F2BD90FC4B242D03E49257B05004AF139&s=%3Fopendocument%26menucode%3D