2015 Energy Info Korea

www.keei.re.kr ISSN 22334386 215 Energy Info. Korea KOREA ENERGY ECONOMICS INSTITUTE

www.keei.re.kr ISSN 22334386 215 Energy Info. Korea KOREA ENERGY ECONOMICS INSTITUTE

Energy Info. Korea is Published by KEEI (Korea Energy Economics Institute, Republic of Korea) Publisher : JooHeon Park Korea Energy Economics Institute 4511 Jonggaro, Junggu, Ulsan, Korea, 44543 Tel : 82527142165 Fax : 8252714225 Homepage : http://www.keei.re.kr All rights reserved by KEEI. Reproduction in whole or in part without written permission is prohibited

214 E I K nergy nfo. orea C ontents For the users _ 5 215 Energy Balance Flow _ 6 1. Major Energy Indicators _ 8 2. Transformation _ 12 3. Energy Production, Imports & Exports _ 2 4. Primary Energy Supply _ 24 5. Final Energy Consumption _ 28 6. Final Energy Consumption by Sector _ 32 7. Final Energy Consumption by Source _ 36 8. Energy Balance _ 46 9. Energy Imports _ 54 1. Prices _ 7 11. Reserves & Distribution Map _ 76 12. Energy Consumption in the Korean Peninsula _ 82 13. World Energy Statistics _ 92 Appendices _ 96

For the users 1 Figures in this book are obtained from related agencies and institutions. And on the data source, see the notation in the table. 2 The data can be revised by the agencies and institutions concerned. 3 27211, from 212 figures are based on each revised calorific value. 4 Abbreviation TPES Total Primary Energy Supply TFEC Total Final Energy Consumption GDP Gross Domestic Product Pop. Population mil. million bil. billion tril. trillion Cons. Consumption 5 Symbols used in tables are as follow Not reported p Preliminary e Estimate

214 Energy Balance Flow Imports Overseas Dependence 95.2% (174.1 bil. $) Primary Energy 282.9 mil. toe (1%) Crude Oil Middle East(84.%) 927.5 mil. bbl Saudi (31.5%) UAE (11.7%) Kuwait (14.7%) Oil 37.% Asia (9.6%) Africa (2.7%) Qatar,Oman, Indonesia 37.1 mil. ton LNG 16.9% Australia,China, Indonesia 117.9 mil ton Bituminous 27.9% Russia,U.S.A, Australia China,Australia, Vietnam Domestic Production 4.8% Uranium 721.1 ton U 8.3 mil. ton Nuclear Anthracite Hydro Renewable 11.7% 2.% 4.5% 6 Energy Info. Korea

Korea Energy Economics Institute Transformation 69.1 mil. toe [24.4%] Final Energy 213.9 mil. toe (75.6%) 3. mil. b/d City Gas 18.2 mil. ton Heat 1,566.6 thou. toe Electricity 5,219.7 bil. kwh Industrial 63.6% Naphtha etc Industrial resource 22.7% Residential Commercial 16.6% Transportation 17.6% Nuclear Bituminous LNG Oil Anthracite Hydro Renewable 3.% 38.% 22.% 4.8%.9% 1.5% 2.8% Public 2.2% Electricity Industrial 55.5% Residential Commercial 38.2% Public Transportation 5.9%.4% Energy Info. Korea 7

1. Major Energy Indicators Trends in TPES and GDP (tril.won) 1,6 (mil.toe) 3 1,4 1,2 1, 25 2 8 15 6 4 2 GDP(21 Prices) TPES 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 TPES per Capita and GDP (toe/mil.won).3.25.2.15.1 (toe/capita) 6 5 4 3 2.5. TPES/GDP(21 Prices) TPES/pop. 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 1 8 Energy Info. Korea

Korea Energy Economics Institute Energy Overseas Dependence and Petroleum Dependence (%) 1. 9. 8. 7. 6. 5. 4. 3. 2. 1. Energy dependence on imports Petroleum dependency. 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 1 Major Energy Indicators Electricity and Petroleum Consumption per Capita (kwh/capita) 1, 9, 8, 7, 6, 5, 4, 3, 2, 1, Elec. Cons./pop. Residential Elec. Consumption/Pop. Petroleum Cons./pop. 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 ( /capita) 3. 2.5 2. 1.5 1..5 Energy Info. Korea 9

1. Major Energy Indicators 1. Major Energy Indicators 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Population 1) (1,) 38,723 39,326 39,91 4,46 4,86 41,214 41,622 42,31 42,449 42,869 43,296 43,748 44,195 44,642 45,93 45,525 45,954 46,287 46,617 47,8 47,357 47,622 47,859 48,39 48,138 48,372 48,598 48,949 49,182 49,41 49,779 5,4 5,22 GDP (21 prices) (bil. won) 174,774 189,219 214,276 236,652 254,992 283,612 318,971 356,944 382,36 419,518 462,955 491,545 525,199 573,55 628,442 676,169 716,213 677,28 753,59 82,844 857,99 921,759 948,796 995,286 1,34,338 1,87,876 1,147,311 1,179,771 1,188,118 1,265,38 1,311,893 1,341,967 1,381,838 Growth Rates(%) Total Primary Energy Supply(TPES) 2) (mil. toe) Growth Rates(%) Total Final Energy Consumption(TFEC) 2) (mil. toe) Note 1) midyear estimates 2) 27211, from 212 figures are based on each revised calorific value. 7.2 8.3 13.2 1.4 7.7 11.2 12.5 11.9 7. 9.8 1.4 6.2 6.8 9.2 9.6 7.6 5.9 5.5 11.3 8.9 4.5 7.4 2.9 4.9 3.9 5.2 5.5 2.8.7 6.5 3.7 2.3 2.9 45.7 45.6 49.4 53.5 56.3 61.5 67.9 75.4 81.7 93.2 13.6 116. 126.9 137.2 15.4 165.2 18.6 165.9 181.4 192.9 198.4 28.6 215.1 22.2 228.6 233.4 236.5 24.8 243.3 263.8 275.7 278.7 28.3 Growth Rates(%) CO2 Emissions (mil. tco2) Growth Rates(%) 214 5,424 1,426,54 3.3 282.9.9 213.9 1.7 4.1.2 8.3 8.3 5.2 9.2 1.4 11. 8.4 14.1 11.2 12. 9.4 8.2 9.6 9.8 9.3 8.1 9.3 6.4 2.9 5.2 3.1 2.4 3.8 2.1 1.3 1.8 1.1 8.4 4.9.7.6 39. 38.7 41.3 45. 47. 5.5 55.2 61. 65.9 75.1 83.8 94.6 14. 112.2 122. 132. 144.4 132.1 143.1 149.9 152.9 16.5 164. 166. 17.9 173.6 181.5 182.6 182.1 195.6 25.9 28.1 21.2 3.6.6 6.8 8.9 4.4 7.5 9.2 1.6 7.9 14. 11.6 12.9 1. 7.8 8.7 8.3 9.4 8.5 8.3 4.7 2.1 4.9 2.2 1.2 2.9 1.6 4.5.6.3 7.4 5.3 1.1 1. 131.3 131.2 139.1 151.4 155.7 162.1 168.3 191.9 23.2 231.7 255.7 275.8 32.8 327.3 357.1 381.5 42.1 343.5 378. 431.7 445.7 435.7 437.6 459.6 457.5 464.6 477.3 488.7 51.9 55.8 573.6 575.3 572.3 4..1 6.1 8.8 2.8 4.1 3.9 14. 5.9 14.1 1.4 7.8 9.8 8.1 9.1 6.8 5.4 14.6 1. 14.2 3.2 2.2.4 5..5 1.5 2.7 2.4 2.7 9.7 4.1.3.5 1 Energy Info. Korea

Korea Energy Economics Institute (toe/mil. won) T P E S / G D P.262.241.231.226.221.217.213.211.214.222.224.236.242.239.239.244.252.245.241.235.231.226.227.221.221.215.26.24.25.28.21.28.23 (toe/1,$).32.279.267.262.255.251.246.244.247.257.259.273.279.277.277.282.292.283.278.272.267.262.262.256.256.248.238.236.237.241.244.24.235 CO2 Emissions /GDP (tco2/mil. won).75.69.65.64.61.57.53.54.53.55.55.56.58.57.57.56.56.51.5.53.52.47.46.46.44.43.42.41.42.44.44.43.41 TPES /Population (toe/capita) 1.18 1.16 1.24 1.32 1.38 1.49 1.63 1.79 1.92 2.17 2.39 2.65 2.87 3.7 3.34 3.63 3.93 3.58 3.89 4.1 4.19 4.38 4.49 4.58 4.75 4.82 4.86 4.92 4.95 5.34 5.56 5.57 5.58 CO2 Emissions /Population (tco2/capita) Oil Consumption /Population ( kl/capita) Total Elec. Consumption /Population (kwh/capita) Residential Elec. Consumption/ Population (kwh/capita) Source: IEA, CO2 Emissions from Fuel Combustion(215), IEA Energy Balances of OECD Countries 215, Statistics Korea, Bank of Korea 3.39 3.34 3.49 3.75 3.82 3.93 4.4 4.57 4.79 5.41 5.91 6.3 6.85 7.33 7.92 8.38 8.75 7.42 8.11 9.18 9.41 9.15 9.14 9.57 9.5 9.6 9.82 9.98 1.21 11.15 11.52 11.5 11.39.198.229 5.61 2.59 9,472 1,243 214.74.72.75.75.74.77.8.95 1.8 1.32 1.56 1.87 2.3 2.21 2.39 2.52 2.75 2.3 2.45 2.51 2.5 2.55 2.54 2.49 2.51 2.52 2.61 2.49 2.54 2.56 2.56 2.63 2.62 972 1,28 1,141 1,25 1,34 1,48 1,674 1,921 2,95 2,22 2,411 2,634 2,89 3,283 3,621 4,8 4,369 4,18 4,595 5,96 5,442 5,847 6,135 6,497 6,95 7,29 7,585 7,867 8,21 8,787 9,142 9,331 9,455 414 45 498 541 595 628 673 7 711 742 789 828 888 931 1,12 1,57 1,86 1,115 1,149 1,171 1,238 1,237 1,271 1,274 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 1 Major Energy Indicators Energy Info. Korea 11

2. Transformation Refinery Capacities (mil. BPSD) 3.5 3. 2.5 2. 1.5 1..5 (%) 12 1 8 6 4 2. 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 SK Energy GSCaltex SKInchon Hyundai SOil Operation Rate 24 2,735 thou. BPSD 214 3,39 thou. BPSD 12 Energy Info. Korea

Korea Energy Economics Institute 21. Refinery Capacities (1, Bbl) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Crude Product Operation Oil Runs Production Rate(%) (1, Bbl) (1, Bbl) 178,322 173,44 19,643 21,937 21,131 29,729 21,914 256,42 296,722 36,493 413,55 51,32 544,54 561,584 631,78 72,846 871,974 825,89 872,742 89,34 86,115 786,85 782,951 826,551 852,439 878,395 882,117 865,663 838,475 872,247 924,441 945,162 96,674 173,793 17,595 188,667 2,997 197,559 26,988 28,662 252,196 292,62 34,495 48,215 54,56 539,986 568,452 643,12 724,128 911,462 864,845 911,86 926,897 97,345 858,363 841,38 886,413 922,897 949,983 955,898 938,749 912,654 938,926 1,2,257 1,34,78 1,1,98 61.9 6. 66.8 69.87 69.75 72.78 73.16 88.73 96.79 1. 19.37 83.22 89.7 9.53 95.1 8.8 97.99 92.82 98.7 99.79 96.64 88.43 87.98 82.56 85.37 86.83 85.95 82.69 79.9 82.7 84.15 84.96 81.74 79 79 79 79 79 79 79 79 84 84 1,35 1,675 1,675 1,7 1,818 2,438 2,438 2,438 2,438 2,438 2,438 2,438 2,438 2,735 2,735 2,772 2,812 2,86 2,875 2,89 3,1 3,39 3,39 214 918,345 1,3,92 78.77 3,39 1,115 865 39 669 Source: Korea National Oil Corporation 28 28 28 28 28 28 28 28 28 28 375 585 585 61 61 81 81 81 81 81 81 81 81 84 84 84 84 1,115 1,115 1,115 1,115 1,115 1,115 Refining Capacity (1,BPSD) Total SK Energy GSCaltex SKInchon Hyundai Oilbank SOil 38 38 38 38 38 38 38 38 38 38 38 38 38 38 38 6 6 6 6 6 6 6 6 65 65 687 727 775 79 85 851 865 865 6 6 6 6 6 6 6 6 6 6 68 22 275 275 275 275 275 275 275 275 275 275 275 275 275 275 275 1 1 1 1 1 1 1 1 6 6 6 11 11 11 11 31 31 31 31 31 31 31 31 39 39 39 39 39 39 39 39 39 39 6 6 6 6 6 6 6 6 6 6 16 325 325 325 443 443 443 443 443 443 443 443 443 58 58 58 58 58 58 58 654 669 669 2 Transformation Energy Info. Korea 13

2. Transformation Generating Facilities (GW) 9 8 7 6 5 4 3 2 1 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 59,961 MW Others 2.5% Hydro 6.5% Nuclear 27.9% Steam 38.9% Others 9.4% Hydro 6.9% Internal Combustion.4% Combined Cycle 23.9% Nuclear 22.2% Steam 31.8% Internal Combustion.4% Combined Cycle 29.3% 214 93,216 MW 14 Energy Info. Korea

Korea Energy Economics Institute 22. Generating Facilities (MW) Total Hydro Steam Combined Cycle Internal Combustion Nuclear Others Peak load 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 9,835 1,34 13,115 14,19 16,137 18,6 19,21 19,944 2,997 21,21 21,111 24,12 27,654 28,75 32,184 35,715 41,42 43,46 46,978 48,451 5,859 53,81 56,53 59,961 62,258 65,514 68,268 72,491 73,47 76,78 79,342 81,86 86,969 1,22 1,22 1,22 1,22 2,223 2,225 2,232 2,236 2,339 2,34 2,445 2,498 2,54 2,493 3,93 3,95 3,115 3,131 3,148 3,149 3,876 3,876 3,877 3,879 3,883 5,485 5,492 5,55 5,515 5,525 6,418 6,446 6,454 6,88 6,722 8,882 9,942 9,912 9,912 9,912 9,912 9,912 9,912 9,912 9,912 11,972 13,32 14,32 14,22 16,78 17,29 18,99 2,59 21,559 21,749 21,749 23,311 23,811 24,391 26,491 29,731 29,571 29,571 29,571 29,371 29,371 Note 1) Exclude nonutility in common use. 2) Others includes Group & Alternative Energy Source: Korea Electric Power Corporation 92 92 92 92 92 92 92 895 84 84 76 3,76 5,173 5,334 6,184 8,719 11,269 1,785 1,935 11,257 11,436 12,186 13,86 14,313 15,15 16,4 16,511 17,44 17,575 19,1 19,799 19,799 23,473 314 194 196 211 216 238 24 235 29 313 378 388 39 276 259 265 266 266 271 271 273 275 247 252 297 297 33 37 347 351 356 367 33 587 1,266 1,916 1,916 2,866 4,766 5,716 6,666 7,616 7,616 7,616 7,616 7,616 7,616 8,616 9,616 1,316 12,16 13,716 13,716 13,716 15,716 15,716 16,716 17,716 17,716 17,716 17,716 17,716 17,716 18,716 2,716 2,716 Energy Info. Korea 15 1,38 1,489 1,537 1,622 1,755 2,188 2,747 3,816 4,482 5,16 6,625 6,144 6,661 7,62 8,811 9,349 9,915 11,39 13,658 15,58 17,252 19,124 2,438 22,112 26,696 29,878 32,282 35,851 32,996 37,293 41,7 43,125 45,773 47,385 51,264 54,631 58,994 62,285 62,794 66,797 71,38 73,137 75,987 76,522 214 93,216 6,467 29,611 27,296 33 2,716 8,796 8,154 2 Transformation

2. Transformation Electric Power Generation by Facilities 6 5 4 3 2 1 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 342,148 GWh Hydro 1.7% Nuclear 38.3% Steam 43.7% Others 6.5% Hydro 1.5% Nuclear 3.% Steam 4.5% Internal Combustion.1% Combined Cycle 16.2% Internal Combustion.1% Combined Cycle 21.4% 214 521,971 GWh 16 Energy Info. Korea

Korea Energy Economics Institute 23. Electric Power Generation by Facilities (GWh) Total Hydro Steam Combined Cycle Internal Combustion Nuclear Other 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 4,27 43,122 48,85 53,88 58,7 64,695 73,992 85,462 94,472 17,67 118,619 13,963 144,437 164,993 184,661 25,494 224,445 215,3 239,325 266,4 285,224 36,474 322,452 342,148 364,639 381,181 43,125 422,355 433,64 474,66 496,893 59,574 517,148 2,79 2,5 2,723 2,399 3,659 4,19 5,344 3,566 4,558 6,361 5,51 4,863 6,6 4,98 5,478 5,21 5,44 6,99 6,66 5,61 4,151 5,311 6,887 5,861 5,189 5,219 5,42 5,563 5,641 6,472 7,831 7,652 8,394 34,35 36,961 36,897 39,461 37,411 32,17 28,927 41,144 41,754 47,98 55,389 62,115 68,916 83,87 89,252 96,946 14,798 89,42 96,473 119,947 135,436 138,929 14,269 149,267 154,369 159,19 177,331 19,83 214,153 224,7 231,226 237,867 218,586 Note 1) Total indludes the purchased power. 2) Others includes Group & Alternative Energy Source: Korea Electric Power Corporation 258 332 214 99 58 53 66 172 221 619 785 5,464 9,188 16,47 2,521 26,943 34,424 26,55 28,675 26,863 29,33 38,337 4,375 55,452 57,457 67,138 76,45 74,519 64,486 94,12 11,479 11,882 124,4 38 45 42 41 61 122 171 21 253 429 472 574 64 789 825 772 718 575 382 294 325 353 37 47 575 677 578 53 697 731 821 752 741 2,897 3,777 8,965 11,792 16,745 28,311 39,314 4,11 47,365 52,887 56,311 56,53 58,138 58,651 67,29 73,924 77,86 89,689 13,64 18,964 112,133 119,13 129,672 13,715 146,779 148,749 142,937 15,958 147,771 148,596 154,723 15,327 138,784 Energy Info. Korea 17 3,93 3,163 3,18 3,916 6,427 7,618 12,558 2,21 21,531 24,563 214 521,971 7,82 211,172 111,711 656 156,47 33,644 2 Transformation

2. Transformation Electric Power Generation by Energy Source (TWh) 6 5 4 3 2 1 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 342,148 GWh Hydro 1.7% Diesel.1% LNG 16.6% Nuclear 38.6% Other 2.8% Diesel.1% Hydro 1.5% Heavy Oil 4.7% LNG 22.% Heavy Oil 5.3% Nuclear 3.% Coal 39.% Coal 37.6% 214 521,971 GWh 18 Energy Info. Korea

Korea Energy Economics Institute 24. Electric Power Generation by Energy Source (GWh) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Thermal Total Hydro Nuclear Other Coal Heavy Oil Diesel LNG 4,27 43,122 48,85 53,88 58,7 64,695 73,992 85,462 94,472 17,67 118,619 13,963 144,437 164,993 184,661 25,494 224,445 215,3 239,325 266,4 285,224 36,474 322,452 342,148 364,639 381,181 43,124 422,355 433,64 474,66 496,893 59,574 517,148 2,79 2,5 2,723 2,399 3,659 4,19 5,344 3,566 4,558 6,361 5,51 4,863 6,6 4,98 5,478 5,21 5,44 6,99 6,66 5,61 4,151 5,311 6,887 5,861 5,189 5,219 5,42 5,561 5,641 6,472 7,831 7,652 8,543 2,897 3,777 8,965 11,792 16,745 28,311 39,314 4,11 47,365 52,887 56,311 56,53 58,138 58,651 67,29 73,924 77,86 89,689 13,64 18,964 112,133 119,13 129,672 13,715 146,779 148,749 142,937 15,958 147,771 148,596 154,723 15,327 138,784 2,53 2,612 4,289 13,383 17,639 18,22 15,856 19,84 18,777 19,961 2,14 22,72 3,917 41,835 48,813 56,881 67,19 75,498 81,544 97,538 11,333 118,22 12,276 127,158 133,658 139,25 154,674 173,58 193,216 197,916 2,124 198,831 2,444 31,772 34,358 32,497 25,748 19,646 13,64 4,822 11,222 14,241 17,928 26,158 33,1 33,718 38,781 38,739 35,699 36,62 16,43 17,365 25,485 27,77 23,94 23,656 18,37 17,321 15,999 17,689 9,71 13,67 12,45 12,4 14,453 15,98 299 37 376 486 318 291 265 31 399 928 1,24 2,31 1,17 1,582 3,36 6,737 6,323 1,282 1,162 657 386 1,155 2,87 474 412 599 443 393 413 473 452 73 1,43 Energy Info. Korea 19 25 8,391 1,432 9,132 9,64 9,935 12,187 14,488 2,46 21,296 27,5 31,823 26,32 3,124 28,146 3,451 38,943 39,9 55,999 58,118 68,32 78,427 75,89 65,274 96,734 11,72 113,984 127,724 3,93 3,163 3,18 3,913 6,426 7,618 12,64 2,21 23,624 24,71 214 521,971 7,82 156,47 23,446 24,295 656 114,654 14,695 Note: Others includes Group & Alternative Energy Source: Korea Electric Power Corporation 2 Transformation

3. Energy Production, Imports & Exports Energy Production (mil.toe) 5 45 4 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 39,769 thousand toe Coal 3.6% Renewables 1.% LNG.5% Hydro 3.7% Nuclear 82.2% Coal 1.7% Renewables 23.5% LNG.7% Hydro 3.5% Nuclear 7.6% 214 46,716 thousand toe 2 Energy Info. Korea

Korea Energy Economics Institute 31. Energy Production (1, toe) Energy Production Total Coal LNG Hydro Nuclear Renewable 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 13,31 13,116 14,436 15,87 17,52 2,719 23,649 23,13 23,367 23,356 22,734 21,457 21,27 19,94 21,751 23,17 23,998 27,435 3,978 32,641 33,244 35,521 38,861 39,769 43,745 44,582 38,338 4,376 4,133 4,912 42,987 42,748 41,321 46,716 9,138 9,253 9,136 9,83 1,37 11,156 11,166 1,933 9,353 7,748 6,776 5,387 4,249 3,347 2,574 2,228 2,31 1,962 1,889 1,868 1,718 1,493 1,484 1,436 1,274 1,271 1,342 1,289 1,171 969 969 942 817 787 212 518 461 353 236 498 539 451 436 463 322 677 51 681 6 915 1,5 1,336 892 1,14 1,59 1,263 1,216 1,52 1,25 1,369 1,31 1,351 1,525 1,517 1,42 1,38 1,327 1,722 1,465 1,297 1,35 1,84 1,196 1,213 1,391 1,684 1,615 1,771 1,65 724 944 2,241 2,948 4,186 7,78 9,829 1,25 11,841 13,222 14,78 14,133 14,535 14,663 16,757 18,481 19,272 22,422 25,766 27,241 28,33 29,776 32,415 32,679 36,695 37,187 3,731 32,456 31,771 31,948 33,265 31,719 29,283 33,2 2,492 2,417 2,378 2,492 2,31 1,48 1,319 1,164 1,33 797 617 723 742 96 1,51 1,161 1,344 1,526 1,86 2,13 2,456 2,925 3,241 3,977 3,961 4,358 4,828 5,198 5,48 6,64 6,618 8,36 8,987 1,956 Note: 27~211, from 212 figures are based on each revised calorific value. 3 Energy Production, Imports & Exports Energy Info. Korea 21

3. Energy Production, Imports & Exports Energy Imports (mil.toe) 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 213,54 thousand toe LNG 13.5% Oil 65.2% Coal 22.1% LNG 18.% Oil 58.4% Coal 26.% 214 269,271 thousand toe 22 Energy Info. Korea

Korea Energy Economics Institute 32. Energy Imports & Exports (1, toe) Energy Imports Exports Total Coal Oil LNG Petroleum products 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 34,3 33,898 36,887 4,258 42,93 48,87 54,325 62,682 69,833 81,894 94,57 18,541 12,248 132,237 145,61 16,768 176,296 161,166 176,329 187,484 193,14 22,67 28,338 213,54 22,89 225,18 228,313 232,2 234,672 254,644 266,842 267,582 268,145 269,271 7,358 7,341 7,22 8,593 13,5 13,593 13,865 16,87 16,426 15,752 19,321 19,816 23,696 25,966 28,956 3,327 32,85 33,847 34,41 4,559 42,691 44,99 45,894 5,139 48,498 49,854 54,237 61,665 63,431 72,576 79,861 77,546 79,23 8,46 27,55 27,961 3,658 32,633 31,82 34,3 36,58 41,736 48,445 57,345 73,689 9,732 99,788 16,83 118,959 131,486 151,4 142,84 149,691 154,3 151,668 147,133 143,78 147,62 15,798 156,6 159,298 158,47 16,144 164,689 173,875 179,387 177,578 18,663 153 2,184 2,678 2,615 2,974 3,586 4,453 5,79 7,77 9,178 12,473 15,118 13,78 16,865 18,951 21,13 22,711 25,264 28,799 29,44 32,788 33,239 35,436 33,568 42,384 47,69 47,184 51,998 48,388 42 946 2,35 3,48 3,754 3,894 4,736 4,46 5,34 3,997 1,418 13,769 15,385 13,788 17,744 22,686 33,46 42,49 42,362 43,577 41,991 33,77 29,873 33,644 37,886 41,574 41,79 47,472 46,758 48,224 57,541 61,454 59,665 62,31 Note: 27~211, from 212 figures are based on each revised calorific value. 3 Energy Production, Imports & Exports Energy Info. Korea 23

4. Primary Energy Supply Primary Energy Supply (mil.toe) 3 25 2 15 1 5 1981 1983 1985 1987 1989 24 22,238 thousand toe Renewables 1.8% Hydro.7% Nuclear 14.8% Coal 24.1% Petroleum 45.7% LNG 12.9% 24 Energy Info. Korea

Korea Energy Economics Institute 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 4 Primary Energy Supply 214 282,938 thousand toe Renewables 3.9% Hydro.6% Nuclear 11.7% LNG 16.9% Coal 29.9% Petroleum 37.1% Energy Info. Korea 25

4. Primary Energy Supply 4. Primary Energy Supply Total Coal Petroleum Growth Rate(%) SubTotal Anthracite Bituminous SubTotal Fuel Oil 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 45,718 45,625 49,42 53,535 56,296 61,462 67,878 75,351 81,66 93,192 13,619 116,1 126,879 137,234 15,437 165,212 18,638 165,932 181,363 192,887 198,49 28,636 215,66 22,238 228,622 233,372 236,454 24,752 243,311 263,85 276,636 278,698 28,29 4.1.2 8.3 8.3 5.2 9.2 1.4 11. 8.4 14.1 11.2 12. 9.4 8.2 9.6 9.8 9.3 8.1 9.3 6.4 2.9 5.2 3.1 2.4 3.8 2.1 1.3 1.8 1.1 8.4 4.9.7.6 15,244 15,451 16,491 19,867 22,22 23,33 23,639 25,162 24,493 24,385 24,535 23,618 25,882 26,68 28,91 32,2 34,799 36,39 38,155 42,911 45,711 49,96 51,116 53,127 54,788 56,687 59,654 66,6 68,64 77,92 83,64 8,978 81,915 1,338 9,839 1,133 11,455 12,322 13,239 12,935 12,441 1,984 9,947 8,144 6,315 5,58 3,57 2,953 2,561 1,989 2,27 2,425 3,94 3,678 4,41 4,56 4,32 4,768 5,28 5,585 5,96 5,812 6,141 6,898 5,85 6,22 4,96 5,612 6,358 8,412 9,7 1,91 1,74 12,721 13,59 14,438 16,391 17,33 2,824 23,173 25,139 29,639 32,81 33,832 35,731 39,817 42,33 45,54 46,556 48,826 5,2 51,479 54,68 6,155 62,792 7,951 76,741 75,128 75,893 26,58 26,312 27,628 27,628 27,142 28,499 29,652 35,39 4,523 5,175 59,627 71,74 78,495 86,343 93,955 99,898 19,8 9,582 97,27 1,279 1,385 12,414 12,38 1,638 11,526 11,831 15,494 1,17 12,336 14,31 15,146 16,165 15,811 23,11 22,649 23,25 22,663 21,836 22,48 22,958 27,869 32,56 39,653 45,773 52,311 57,139 62,68 68,949 73,264 74,144 53,952 59,7 59,743 59,49 58,61 57,65 54,1 53,416 51,8 5,738 45,75 45,67 46,42 44,296 44,327 43,719 214 282,938.9 84,612 5,593 79,19 14,944 41,671 Note: 27~211, from 212 figures are based on each revised calorific value. 26 Energy Info. Korea

Energy Info. Korea 27 Korea Energy Economics Institute (1, toe) 4 Primary Energy Supply Renewables Nuclear Hydro LNG 511 75 1,31 1,262 1,467 1,799 2,161 2,629 3,66 3,61 4,339 5,441 5,99 6,398 6,675 6,874 7,21 6,877 7,88 8,644 8,676 9,398 9,14 9,153 9,484 9,689 1,127 1,647 11,79 1,924 1,33 9,912 9,71 2,959 2,913 3,347 3,73 3,839 4,292 4,533 4,892 4,951 6,921 9,515 13,988 15,366 17,264 18,331 19,76 27,735 29,753 3,455 31,893 32,66 34,415 35,634 37,385 38,626 4,342 44,629 43,819 45,651 46,956 5,547 51,926 52,391 71 2,14 2,718 2,63 3,23 3,53 4,581 5,723 7,618 9,213 12,172 14,792 13,838 16,849 18,924 2,787 23,99 24,194 28,351 3,355 32,4 34,663 35,671 33,98 43,8 46,284 5,185 52,523 677 51 681 6 915 1,5 1,336 892 1,14 1,59 1,263 1,216 1,52 1,25 1,369 1,31 1,351 1,525 1,517 1,42 1,38 1,327 1,722 1,465 1,297 1,35 1,84 1,196 1,213 1,391 1,684 1,615 1,771 724 944 2,241 2,948 4,186 7,78 9,829 1,25 11,841 13,222 14,78 14,133 14,535 14,663 16,757 18,481 19,272 22,422 25,766 27,241 28,33 29,776 32,415 32,679 36,695 37,187 3,731 32,456 31,771 31,948 33,265 31,719 29,283 2,492 2,417 2,378 2,492 2,31 1,48 1,319 1,164 1,33 797 617 723 742 96 1,51 1,161 1,344 1,526 1,86 2,13 2,456 2,925 3,241 3,977 3,961 4,358 4,828 5,198 5,48 6,64 6,618 8,36 8,987 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 LPG NonFuel Oil 9,343 53,93 47,773 1,65 33,2 1,956 214

5. Final Energy Consumption Final Energy Consumption (mil.toe) 25 2 15 1 5 1981 1983 1985 1987 1989 199 24 166,9 theousand toe Others 3.2% Coal 13.4% City Gas 9.8% Electricity 16.2% Petroleum 57.5% 28 Energy Info. Korea

Korea Energy Economics Institute 1 1993 1995 1997 1999 21 23 25 27 29 211 213 214 213,87 theousand toe 5 Others 5.2% Coal 15.5% Final Energy Consumption LNG.2% Electricity 19.2% Petroleum 48.1% City Gas 1.8% Energy Info. Korea 29

5. Final Energy Consumption 5. Final Energy Consumption Total Coal Growth Rate(%) SubTotal Anthracite Bituminous Coal SubTotal 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 3.6.6 6.8 8.9 4.4 7.5 9.2 1.6 7.9 14. 11.6 12.9 1. 3.7 13. 8.3 9.4 8.5 8.3 4.7 2.1 4.9 2.2 1.2 2.9 1.6 4.5.6.3 7.4 5.3 1.1 1. 14,477 14,549 15,335 16,86 17,94 18,888 19,778 2,566 2,116 19,855 19,915 18,688 19,58 17,67 17,758 18,718 18,918 18,151 18,498 19,847 2,532 21,629 22,61 22,194 22,311 22,66 24,249 26,219 23,895 29,164 33,544 31,964 32,679 9,571 8,937 9,338 1,6 11,632 12,336 12,6 11,527 1,57 9,194 7,336 5,558 4,179 2,665 2,11 1,585 1,99 1,269 1,444 2,11 2,656 3,69 3,53 3,47 3,874 4,313 4,583 4,994 5,18 5,751 6,646 5,584 5,877 4,96 5,612 5,997 6,26 6,38 6,552 7,772 9,39 1,59 1,661 12,579 13,131 14,879 15,5 15,748 17,133 17,819 16,882 17,55 17,836 17,876 18,56 19,79 18,788 18,438 18,347 19,666 21,225 18,715 23,413 26,898 26,38 26,82 18,913 18,46 19,921 21,62 22,579 25,182 28,372 32,51 36,967 45,252 52,675 62,939 69,876 76,511 82,876 88,714 97,91 86,526 92,821 93,596 93,356 96,159 96,155 95,513 96,718 97,37 1,622 97,217 98,369 1,381 11,976 11,71 11,89 214 213,87 1.7 35,412 4,58 3,831 12,957 Note: 27~211, from 212 figures are based on each revised calorific value. 3 Energy Info. Korea

Energy Info. Korea 31 Korea Energy Economics Institute 5 Final Energy Consumption (1, toe) City gas Electricity LNG Others 15,471 14,835 15,589 16,69 17,36 19,211 21,767 25,83 29,16 34,991 39,266 44,139 49,369 53,833 59,1 63,221 63,724 5,3 54,995 53,369 52,23 52,59 51,471 49,67 48,744 47,88 45,946 42,971 41,893 43,2 41,799 4,639 39,972 5 735 1,1 1,242 1,424 1,736 2,11 2,561 2,947 3,368 3,894 4,812 5,141 5,414 5,445 5,733 6,442 6,472 7,371 8,333 8,493 9,235 9,5 9,61 9,348 9,68 1,52 1,432 1,84 1,448 9,67 9,194 9,536 2,942 2,89 3,322 3,67 3,795 4,235 4,495 4,866 4,914 6,893 9,515 13,988 15,366 17,264 18,331 19,76 27,735 29,753 3,455 31,893 32,66 34,415 35,634 37,385 38,626 4,342 44,623 43,814 45,636 46,931 5,57 51,876 52,31 559 81 717 467 23 28 37 52 84 132 199 339 619 1,11 1,54 2,219 3,27 4,57 5,594 6,937 8,93 8,425 1,513 12,561 13,29 14,567 15,47 16,191 17,811 18,379 18,955 19,765 19,459 21,81 22,871 24,728 24,878 3,46 3,258 3,665 4,46 4,363 4,843 5,519 6,391 7,69 8,117 8,976 9,911 1,985 8,324 14,41 15,692 17,267 16,638 18,422 2,6 22,165 23,947 25,25 26,84 28,588 29,99 31,7 33,116 33,925 37,338 39,136 4,127 4,837 2,492 2,417 2,378 2,492 2,31 1,48 1,329 1,226 1,14 872 697 866 1,12 1,366 1,692 1,972 2,253 2,387 2,86 3,249 3,66 4,148 4,51 5,271 5,426 5,517 5,929 6,259 6,418 7,64 7,536 8,875 9,577 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Energy Use LPG NonEnergy Use Petroleum 39,876 9,271 53,81 354 23,41 41,73 11,33 214

6. Final Energy Consumption by Sector Final Energy Consumption by Sector (mil.toe) 25 2 15 1 5 1981 1983 1985 1987 1989 199 24 166,9 thousand toe Public 2.2% Transport 2.9% Industry 56.% Residential & Commercial 21.% 32 Energy Info. Korea

Korea Energy Economics Institute 1 1993 1995 1997 1999 21 23 25 27 29 211 213 214 213,87 thousand toe Public 2.2% Transport 17.6% Residential & Commercial 16.6% Industry 63.6% 6 Final Energy Consumption by Sector Energy Info. Korea 33

6. Final Energy Consumption by Sector 6. Final Energy Consumption by Sector 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Total 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 Industry Final Energy Consumption (1, toe) 17,56 17,354 18,346 19,58 2,15 21,865 24,648 28,2 3,871 36,15 42,915 5,825 55,591 59,937 62,946 67,868 77,98 76,39 79,858 83,912 85,158 89,197 9,85 92,992 94,366 97,235 14,327 16,458 16,119 116,91 126,886 128,324 13,96 Residential / Commercial 15,836 15,197 15,438 17,342 18,18 18,65 18,893 19,7 2,8 21,971 21,919 23,8 25,41 25,941 29,451 31,713 33,71 27,418 31,929 32,37 32,893 34,299 34,965 34,87 36,861 35,986 35,916 36,225 35,722 37,255 37,542 37,884 37,341 Transport 3,721 4,216 5,434 6,7 6,77 7,699 9,275 1,747 12,269 14,173 16,156 18,531 21,119 23,86 27,148 29,792 3,738 26,184 28,625 3,945 31,99 33,763 34,632 34,615 35,559 28,588 37,68 35,793 35,93 36,938 36,875 37,143 37,33 214 213,87 136,86 35,476 37,628 4,679 Note: 27~211, from 212 figures are based on each revised calorific value. Public 1,888 1,945 2,118 2,141 2,96 2,355 2,381 2,385 2,655 2,812 2,813 2,259 2,296 2,647 2,416 2,659 2,715 2,487 2,648 2,625 2,989 3,191 3,593 3,595 4,68 3,836 4,143 4,1 4,295 4,483 4,56 4,769 4,67 34 Energy Info. Korea

Energy Info. Korea 35 Korea Energy Economics Institute 6 Final Energy Consumption by Sector 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 1. 44.9 44.8 44.4 43.4 42.6 43.3 44.7 46.2 46.9 48.1 51.2 53.7 53.4 55.5 51.6 51.4 53.9 57.5 55.8 56. 55.7 55.6 55.4 56. 55.2 56. 57.5 58.3 58.3 59.8 61.6 61.7 62.9 4.7 39.3 37.3 38.5 38.7 36.8 34.2 32.3 3.5 29.3 26.2 24.3 24.1 24. 24.1 24. 22.9 2.8 22.3 21.6 21.5 21.4 21.3 21. 21.6 2.7 19.8 19.8 19.6 19. 18.2 18.2 17.9 9.6 1.9 13.1 13.3 14.3 15.2 16.8 17.6 18.6 18.9 19.3 19.6 2.3 22.1 22.3 22.6 21.3 19.8 2. 2.7 2.9 21. 21.1 2.9 2.8 16.5 2.4 19.6 19.7 18.9 17.9 17.8 17.9 4.8 5. 5.1 4.8 4.5 4.7 4.3 3.9 4. 3.7 3.4 2.4 2.2 2.5 2. 2. 1.9 1.9 1.9 1.8 2. 2. 2.2 2.2 2.4 2.2 2.3 2.2 2.4 2.3 2.2 2.3 2.2 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Final Energy Consumption (%) Total Industry Residential / Commercial Transport Public 1. 63.6 16.6 17.6 2.2 214

7. Final Energy Consumption by Source Coal (mil.toe) 4 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 22,195 thousand toe 214 35,412 thousand toe 36 Energy Info. Korea

Korea Energy Economics Institute 71. Coal (1, toe) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 TPEC % 37.2 37.6 37.1 37.3 38.2 37.4 35.8 33.7 3.5 26.4 23.8 19.7 18.3 16.4 14.6 14.2 13.1 13.7 12.9 13.2 13.4 13.5 13.8 13.4 13.1 13. 13.4 14.4 13.1 14.9 16.3 15.4 15.5 14,478 14,549 15,335 16,86 17,939 18,887 19,778 2,565 2,116 19,854 19,915 18,688 19,58 17,67 17,758 18,718 18,918 18,151 18,498 19,847 2,532 21,629 22,61 22,195 22,312 22,536 24,25 26,219 23,895 29,165 33,544 31,964 32,679 Industry 5,276 5,844 6,24 6,412 6,49 6,8 8,15 9,315 1,263 1,86 12,745 13,388 15,327 15,43 16,244 17,668 18,139 17,448 17,845 19,129 19,85 2,932 21,888 21,42 21,238 21,434 23,236 25,131 22,955 28,264 32,673 31,132 31,87 Coal Residential & Commercial Transport Public 9,15 8,629 9,4 1,323 11,399 12,33 11,721 11,25 9,811 9,27 7,17 5,288 3,731 2,267 1,514 1,5 779 73 653 718 727 697 722 775 1,74 1,12 1,14 1,88 214 213,87 16.6 35,412 34,666 745 Note: 27~211, from 212 figures are based on each revised calorific value. 94 91 871 832 872 2 2 95 74 55 71 5 54 42 45 42 21 12 7 Final Energy Consumption by Sector Energy Info. Korea 37

7. Final Energy Consumption by Source Petroleum (mil.toe) 12 1 8 6 4 2 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 95,512 thousand toe Public 1.4% Industry 52.6% Transport 35.8% Public 1.2% Transport 33.1% Industry 56.6% Residential & Commercial 1.2% Residential & Commercial 9.% 214 12,957 thousand toe 38 Energy Info. Korea

Korea Energy Economics Institute 72. Petroleum (1, toe) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 TPEC % 48.6 47.7 48.2 48. 48. 49.8 51.4 53.3 56.1 6.3 62.9 66.5 67.2 7.9 68. 67.2 67.8 65.5 64.9 62.5 61. 59.9 58.6 57.5 56.6 55.9 55.5 53.2 54. 51.3 49.5 48.9 48.4 18,913 18,459 19,921 21,62 22,579 25,182 28,372 32,511 36,968 45,252 52,675 62,939 69,875 76,511 82,876 88,714 97,9 86,526 92,821 93,595 93,357 96,159 96,154 95,512 96,718 97,37 1,623 97,216 98,37 1,382 11,976 11,71 11,89 Industry 1,141 9,322 9,671 1,444 1,697 11,857 12,915 14,6 15,936 2,14 24,251 3,514 32,654 35,881 36,81 38,913 47,141 46,133 47,521 48,193 47,848 49,499 49,34 5,236 5,95 52,474 56,15 54,745 56,391 57,351 59,635 59,748 6,114 Petroleum Residential & Commercial Transport Public 3,525 3,344 3,73 3,438 3,525 3,747 4,284 5,331 6,694 8,876 1,161 12,45 14,669 15,375 17,632 18,623 18,719 13,13 15,554 13,492 12,474 11,955 11,156 9,773 9,437 7,513 7,5 6,654 6,187 6,45 5,929 5,363 4,992 3,68 4,173 5,39 5,955 6,645 7,624 9,21 1,667 12,187 14,86 16,62 18,43 21,11 23,736 27,1 29,648 3,587 26,48 28,476 3,77 31,78 33,488 34,286 34,16 34,983 35,78 36,149 34,642 34,529 35,282 35,172 35,341 35,476 1,567 1,62 1,787 1,765 1,712 1,954 1,972 1,913 2,151 2,276 2,21 1,59 1,541 1,519 1,424 1,53 1,453 1,215 1,27 1,14 1,327 1,217 1,48 1,343 1,393 1,27 1,274 1,175 1,263 1,299 1,24 1,258 1,227 214 213,87 48.1 12,957 61,188 4,71 35,761 1,36 Note: 27~211, from 212 figures are based on each revised calorific value. 7 Final Energy Consumption by Sector Energy Info. Korea 39

7. Final Energy Consumption by Source LNG & City Gas (mil.toe) 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 16,191 thousand toe Transport 1.5% Public 1.7% Industry 27.1% Transport 5.6% Public.4% Residential & Commercial 69.7% Industry 4.2% Residential & Commercial 53.9% 214 23,395 thousand toe 4 Energy Info. Korea

Korea Energy Economics Institute 73. LNG & City gas (1, toe) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 TPEC %.1.1.1.1.2.3.4.6.9 1.3 1.8 2.3 2.9 3.8 4.6 5.3 5.6 6.4 7.3 8.4 8.7 9.1 9.4 9.8 1.4 1.6 1.4 1.8 1.7 11.1 11.5 12.2 12.1 23 28 37 53 84 132 199 339 619 1,12 1,541 2,219 3,27 4,56 5,595 6,937 8,93 8,426 1,513 12,561 13,29 14,567 15,471 16,191 17,811 18,379 18,956 19,765 19,46 21,641 23,671 25,444 25,345 Industry 1 15 4 75 11 158 235 313 377 46 6 863 1,196 1,496 1,812 2,53 3,38 3,612 3,984 4,177 4,382 4,656 4,847 5,225 5,933 5,891 7,888 9,184 1,218 1,37 LNG & City gas Residential & Commercial Transport Public 23 28 37 52 69 92 124 229 461 777 1,16 1,76 2,45 3,313 4,67 5,588 6,436 6,454 7,784 9,24 9,412 1,241 1,889 11,293 12,53 12,858 12,831 12,763 12,332 12,489 13,21 13,797 13,578 7 8 146 237 339 475 615 777 96 1,112 1,174 1,248 1,299 214 213,87 1.9 23,395 9,44 12,599 1,37 85 Note: 27~211, from 212 figures are based on each revised calorific value. 68 82 117 143 125 153 161 16 199 229 259 262 259 279 313 199 285 292 277 152 112 181 98 7 Final Energy Consumption by Sector Energy Info. Korea 41

7. Final Energy Consumption by Source Electricity (mil.toe) 45 4 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 24 26,84 thousand toe Transport.8% Public 6.2% Residential & Commercial 42.3% Industry 5.7% Transport.4% Public 5.9% Residential & Commercial 38.2% Industry 55.4% 214 41,73 thousand toe 42 Energy Info. Korea

Korea Energy Economics Institute 74. Electricity (1, toe) 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 38,952 38,711 41,337 44,998 46,998 5,524 55,197 61,33 65,875 75,17 83,83 94,623 14,48 17,928 121,962 132,33 144,432 132,128 143,6 149,852 152,95 16,451 163,995 166,9 17,854 173,584 181,455 182,576 182,66 195,587 25,863 28,12 21,247 TPEC % 7.8 8.4 8.9 9. 9.3 9.6 1. 1.5 1.7 1.8 1.7 1.5 1.6 11.7 11.5 11.9 12. 12.6 12.9 13.7 14.5 14.9 15.4 16.2 16.7 17.3 17.5 18.1 18.6 19.1 19. 19.3 19.4 3,46 3,258 3,665 4,46 4,362 4,844 5,519 6,391 7,69 8,117 8,976 9,91 1,985 12,62 14,4 15,692 17,267 16,639 18,422 2,6 22,165 23,947 25,249 26,84 28,588 29,99 31,7 33,116 33,925 37,338 39,136 4,128 4,836 Industry 2,89 2,188 2,435 2,651 2,812 3,168 3,643 4,175 4,514 5,95 5,66 6,63 6,581 7,398 8,293 9,179 1,9 9,359 1,394 11,374 11,678 12,423 12,933 13,617 14,346 15,21 16,18 16,738 17,6 19,193 2,83 21,426 22,88 Electricity Residential & Commercial Transport Public 691 779 91 1,38 1,155 1,253 1,435 1,71 2,11 2,421 2,732 3,174 3,663 4,321 4,81 5,464 6,9 6,122 6,793 7,891 9,5 9,859 1,585 11,352 12,233 12,883 13,513 14,143 14,594 15,636 15,758 16,49 16,77 4 4 44 52 62 76 74 8 83 87 94 11 18 124 138 145 151 136 149 175 194 195 2 213 224 218 29 196 187 188 193 194 186 226 251 276 35 333 347 367 426 461 514 544 572 633 759 88 94 1,17 1,22 1,86 1,16 1,288 1,47 1,531 1,658 1,785 1,868 1,96 2,39 2,138 2,321 2,355 2,459 2,485 214 213,87 19.2 41,73 22,757 15,76 172 2,438 Note: 27~211, from 212 figures are based on each revised calorific value. 7 Final Energy Consumption by Sector Energy Info. Korea 43

7. Final Energy Consumption by Source 75. Heat Energy 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 Production 1 63 71 75 8 143 36 46 641 811 99 862 1, 1,166 1,21 1,283 1,345 1,353 1,58 1,579 1,64 1,59 1,636 1,786 1,762 1,83 1,741 1,565 1 55 71 75 8 143 36 46 641 811 99 861 1, 1,119 1,15 1,223 1,31 1,343 1,53 1,425 1,438 1,512 1,551 1,718 1,72 1,751 1,695 1,567 1 51 65 68 72 134 345 439 61 762 85 87 928 1,3 1,5 1,118 1,18 1,24 1,358 1,272 1,285 1,352 1,388 1,531 1,512 1,553 1,499 1,373 Sales (1, toe) Residential Commercial Public 3 5 6 7 7 11 15 22 34 42 42 54 67 75 78 89 18 133 118 116 125 12 145 149 159 158 155 1 1 1 1 1 4 6 1 15 17 13 18 22 25 28 32 31 39 34 37 36 42 43 41 4 38 38 24 1,343 thousand toe Commercial 9.9% Public 2.4% Public 2.3% Commercial 8.% Residential 89.7% Residential 87.7% 214 1,567 thousand toe 44 Energy Info. Korea

Korea Energy Economics Institute 76. Renewables (1, toe) Total Solar Photovoltaic Biomass Waste Hydro Others 1) 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 411.6 552.4 648.1 776.3 96.9 1,16. 1,419. 1,712.9 1,897.3 2,127.3 2,453.3 2,917.3 4,437.4 4,582.4 4,879.2 5,225.2 5,68.8 5,858.5 6,86.3 6,856.3 7,582.9 8,85.7 9,879.2 11,537.4 12.6 14.1 16.8 22.1 32. 45.5 44. 42.1 41.7 37.2 34.8 32.9 36.1 34.7 33. 29.4 28. 3.7 29.3 27.4 26.3 27.8 28.5 1.8.5.5.6.6.8 1. 1.1 1.3 1.6 1.8 1.9 2.5 3.6 7.8 15.3 61.1 121.7 166.2 197.2 237.5 344.5 547.4 57.3 58.8 57.2 59.2 5.4 67.6 63.2 65. 82. 82.5 116.8 131.1 135. 181.3 274.5 37.2 426.8 58.4 754.6 963.4 1,334.7 1,558.5 2,822. 461.2 545.6 678.8 84.5 1,56.4 1,282.5 1,577.2 1,76.5 1,977.7 2,38. 2,732.5 3,39.3 3,313.3 3,75.6 3,975.3 4,319.3 4,568.6 4,558.1 4,862.3 5,121.5 5,998.5 6,52.4 6,94.7 19.5 28.8 22.5 2.4 2.4 22.5 27.2 27.1 2.5 2.9 27.7 1,225.6 1,82.3 918.5 867.1 78.9 66.2 66.6 792.3 965.4 814.9 892.2 581.2.1.3.3.1.1.2.4 1.5 4.2 3.2 3.8 6.6 13.2 35.6 67.6 93.7 113.8 188.7 251.7 38. 438.8 553.8 653.5 Note 1) Include wind, fuel cells, geothermal and tidal 24 4,582 thousand toe Solar.8% Photovoltaic.1% Biomass 2.9% Others 5.7% Hydro 5.% Solar.2% Photovoltaic 4.7% Biomass 24.5% Waste 59.8% Others.3% Hydro 23.6% Waste 72.3% 214 11,537 thousand toe 7 Final Energy Consumption by Sector Energy Info. Korea 45

8. Energy Balance 24 Coal (1, ton) Petroleum (1, bbl) L N G (1, ton) City Gas (1 6 m 3 ) Domestic Production Imports Exports Intl l Bunkers Stock Changes(+/) Staistical Difference Primary Supply Transformation Electric Generation District Heating Gas Manufacturing Own Use & Loss Final Consumption Industry Agri. Fishery Mining Manufacturing Food. Tabacco Textile & Apparel Wood & Wood Prod. Pulp & Publications Petro. Chemical NonMetallic Iron & Steel NonFerrous Fabricated Metal Other Manufact. Other Energy Construction Transportation Rail Land Water Air Residential Commercial Public 3,191 76,354 633 1,937 82,116 47,868 47,868 34,248 32,863 28,466 48 16 182 5,39 2,839 1,928 1,385 1,81,523 235,56 58,387 8,585 26,716 752,329 33,48 29,871 2,218 96 719,281 383,78 2,391 455 346,341 4,911 7,854 413 6,964 296,824 6,93 3,93 1,133 6,238 5,63 5,568 15,891 249,18 2,37 23,95 26,497 16,625 62,554 14,972 9,568 163 22,153 539 31 21,89 21,89 8,242 576 12,54 487 Note: Domestic anthracite consumption for the commercial sector is included in the residential sector. 15,42 27 224 15,36 311 15,42 4,173 24 4,15 258 4 35 63 417 321 843 845 969 226 226 8,225 2,53 266 46 Energy Info. Korea

Energy Info. Korea 47 Korea Energy Economics Institute 8 Energy Balance Hydro (GWh) Nuclear (GWh) Electricity (GWh) Heat (1, toe) Renewables (1, toe) Total (1, toe) 5,861 5,861 5,861 5,861 13,715 13,715 13,715 13,715 312,96 342,148 3,52 312,96 158,337 6,511 1,269 15,557 7,281 13,846 1,465 9,653 32,925 1,119 26,34 46,858 2,7 2,475 2,475 48,615 83,39 19,279 1,343 885 469 1 1,343 1,24 18 31 3,977 3,977 49 49 3,928 3,337 5 5 256 47 283 39,557 226,558 33,644 8,929 1,539 1,764 22,238 54,229 5,243 865 221 2,91 166,9 92,992 3,529 175 8,861 1,646 2,934 225 1,983 4,848 5,749 17,492 155 5,831 3,186 812 2,459 34,615 511 27,684 4,12 2,3 22,788 12,19 3,595

8. Energy Balance 24 Coal Petroleum L N G City Gas Domestic Production Imports Exports Intl l Bunkers Stock Changes(+/) Staistical Difference Primary Supply Transformation Electric Generation District Heating Gas Manufacturing Own Use & Loss Final Consumption Industry Agri. Fishery Mining Manufacturing Food. Tabacco Textile & Apparel Wood & Wood Prod. Pulp & Publications Petro. Chemical NonMetallic Iron & Steel NonFerrous Fabricated Metal Other Manufact. Other Energy Construction Transportation Rail Land Water Air Residential Commercial Public 1,436 5,139 34 1,249 53,127 3,933 3,933 22,194 21,42 18,788 32 16 12 3,54 13,754 1,272 775 147,62 33,644 8,929 1,142 3,266 1,638 5,126 4,684 348 94 95,513 5,236 2,945 65 44,768 717 1,217 63 1,87 37,459 1,38 588 155 914 718 812 2,458 34,16 298 27,442 4,12 2,3 7,736 2,37 1,343 212 28,799 71 41 28,351 28,351 1,715 749 16,255 632 Note: Domestic anthracite consumption for the commercial sector is included in the residential sector. 16,191 29 236 16,128 327 16,191 4,382 25 4,357 271 42 36 66 437 337 885 887 1,17 237 237 8,636 2,657 279 48 Energy Info. Korea

Energy Info. Korea 49 Korea Energy Economics Institute 8 Energy Balance Hydro Nuclear Electricity Heat Renewables Total 1,465 1,465 1,465 1,465 32,679 32,679 32,679 32,679 26,84 29,425 2,585 26,84 13,617 56 19 12,948 626 1,191 126 83 2,832 87 2,265 4,3 178 213 213 4,181 7,172 1,658 1,343 885 469 1 1,343 1,24 18 31 3,977 3,977 49 49 3,928 3,337 5 5 256 47 283 39,769 226,558 33,644 8,929 1,539 1,977 22,238 54,229 5,243 865 221 2,91 166,9 92,992 3,529 175 8,861 1,646 2,934 225 1,983 4,848 5,749 17,492 155 5,831 3,186 812 2,459 34,615 511 27,684 4,12 2,3 22,788 12,19 3,595 (1, toe)

8. Energy Balance 214 Coal (1, ton) Petroleum (1, bbl) L N G (1, ton) City Gas (1 6 m 3 ) Domestic Production Imports Exports Intl l Bunkers Stock Changes(+/) Staistical Difference Primary Supply Transformation Electric Generation District Heating Gas Manufacturing Own Use & Loss Final Consumption Industry Agri. Fishery Mining Manufacturing Food. Tabacco Textile & Apparel Wood & Wood Prod. Pulp & Publications Petro. Chemical NonMetallic Iron & Steel NonFerrous Fabricated Metal Other Manufact. Other Energy Construction Transportation Rail Land Water Air Residential Commercial Public 1,748 126,167 153 5,56 133,322 8,271 8,271 53,51 51,422 44,922 5 171 248 4,916 37,611 1,926 1,629 1,356,715 448,822 53,598 1,543 34,38 821,457 12,961 11,25 1,36 899 88,496 491,847 11,82 51 464,646 631 554 65 25 442,2 3,6 88 247 3,52 8,3 5,1 14,89 268,775 91 224,339 14,923 28,62 23,667 14,851 9,356 247 37,17 945 227 36,636 36,364 15,88 2,161 18,18 144 272 272 272 22 25 Note: Domestic anthracite consumption for the commercial sector is included in the residential sector. 22,91 292 334 22,264 454 22,91 8,677 3 8,672 671 361 74 39 2,852 543 1,215 246 1,737 665 1 1,253 1,253 8,748 3,332 81 5 Energy Info. Korea

Energy Info. Korea 51 Korea Energy Economics Institute Hydro (GWh) Nuclear (GWh) Electricity (GWh) Heat (1, toe) Renewables (1, toe) Total (1, toe) 7,82 7,82 7,82 7,82 156,47 156,47 156,47 156,47 477,592 521,971 44,379 477,592 264,618 13,556 1,571 249,49 1,15 11,965 1,928 9,98 54,992 11,643 48,791 97,262 2,824 2,3 2,3 62,675 119,949 28,347 1,567 1,26 539 1 1,567 1,373 155 38 1,956 1,956 1,49 1,49 9,466 8,7 388 388 137 6 813 46,716 39,511 62,31 8,22 1,3 1,756 282,938 69,68 62,167 2,791 58 3,53 213,87 136,86 2,839 28 118,847 1,685 1,593 253 1,216 62,65 5,51 32,216 289 1,667 3,93 72 2,287 37,628 32 31,37 2,319 3,971 19,734 15,742 4,679 8 Energy Balance

8. Energy Balance 214 Coal Petroleum L N G City Gas Domestic Production Imports Exports Intl l Bunkers Stock Changes(+/) Staistical Difference Primary Supply Transformation Electric Generation District Heating Gas Manufacturing Own Use & Loss Final Consumption Industry Agri. Fishery Mining Manufacturing Food. Tabacco Textile & Apparel Wood & Wood Prod. Pulp & Publications Petro. Chemical NonMetallic Iron & Steel NonFerrous Fabricated Metal Other Manufact. Other Energy Construction Transportation Rail Land Water Air Residential Commercial Public 787 8,46 7 3,437 84,612 49,21 49,21 35,412 34,666 3,831 31 16 153 3,28 26,328 1,186 745 18,663 62,31 8,22 273 5,488 14,944 1,987 1,728 164 95 12,957 61,188 1,67 73 57,16 85 82 9 35 54,18 456 1 33 491 97 72 2,286 35,761 13 29,342 2,319 3,971 2,965 1,736 1,36 322 48,388 1,232 296 47,773 47,419 2,77 2,818 23,76 188 354 354 354 29 326 Note: Domestic anthracite consumption for the commercial sector is included in the residential sector. 23,41 35 349 23,221 473 23,41 9,5 3 9,45 7 376 77 323 2,974 566 1,267 257 1,811 694 1 1,37 1,37 9,124 3,476 85 52 Energy Info. Korea

Energy Info. Korea 53 Korea Energy Economics Institute 8 Energy Balance Hydro Nuclear Electricity Heat Renewables Total 1,65 1,65 1,65 1,65 33,2 33,2 33,2 33,2 41,73 44,889 3,817 41,73 22,757 1,166 135 21,456 869 1,29 166 858 4,729 1,1 4,196 8,365 243 172 172 5,39 1,316 2,438 1,567 1,26 539 1 1,567 1,373 155 38 1,956 1,956 1,49 1,49 9,466 8,7 388 388 137 6 813 46,716 39,511 62,31 8,22 1,3 1,756 282,938 69,68 62,167 2,791 58 3,53 213,87 136,86 2,839 28 118,847 1,685 1,593 253 1,216 62,65 5,51 32,216 289 1,667 3,93 72 2,287 37,628 32 31,37 2,319 3,971 19,734 15,742 4,679 (1, toe)

9. Energy Imports Energy Imports (bil. USD) 75 7 65 6 55 5 45 4 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 1991 24 49,6 million USD Bituminous Anthracite 7.8%.5% Uranium.7% LNG 13.2% Petroleum Products 16.8% Other coal.6% Crude Oil 6.3% 54 Energy Info. Korea

Korea Energy Economics Institute (%) 1. 8. 6. 9 Energy Imports 4. 2. 1993 1995 1997 1999 21 23 25 27 29 211 213 Bituminous Anthracite 6.2%.5% Uranium.4% LNG 18.% Other coal.3% Crude Oil 54.5% 214 174,137 million USD Petroleum Products 2.1% Energy Info. Korea 55

9. Energy Imports 91. Energy Imports 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Total Imports (CIF) (A) 26,131 24,251 26,192 3,631 31,136 31,584 41,2 51,811 61,465 69,844 81,525 81,775 83,8 12,348 135,119 15,339 144,616 93,282 119,752 16,481 141,98 152,126 178,827 224,463 261,238 39,383 356,846 435,275 323,85 425,212 524,413 519,584 515,586 (B) 7,762 7,581 6,936 7,263 7,322 4,995 5,926 5,92 7,516 1,98 12,754 14,654 15,88 15,471 19,53 24,243 27,38 18,276 22,745 37,888 33,894 32,29 38,36 49,6 66,697 85,566 94,978 141,475 91,16 121,654 172,49 184,8 178,698 Energy / Imports B/A(%) 29.7 31.3 26.5 23.7 23.5 15.8 14.4 11.4 12.2 15.6 15.6 17.9 18. 15.1 14.1 16.1 18.9 19.6 19. 23.6 24. 21.2 21.4 22.1 25.5 27.7 26.6 32.5 28.2 28.6 32.9 35.6 34.7 Growth Rate (%) 214 525,515 174,137 33.1 2.6 Oil, Gas, Coal and Electricity(214, 2Q) Total 17.9 2.3 8.5 4.7.8 31.8 18.6.1 27. 45.1 16.9 14.9 3. 2.5 23.2 27.2 12.6 33.1 24.5 66.6 1.5 4.7 18.6 29.5 34.5 28.3 11. 49. 35.6 33.5 41.8 7.1 3.3 56 Energy Info. Korea

Energy Info. Korea 57 Korea Energy Economics Institute 9 Energy Imports 32 165 49 46 138 214 149 129 75 52 66 42 4 33 35 46 38 36 46 72 118 148 177 233 429 47 447 991 672 1,16 1,774 1,361 1,143 484 61 588 663 89 798 828 1,21 1,212 1,217 1,514 1,535 1,643 1,695 1,992 2,251 2,31 2,147 1,866 2,33 2,157 2,254 2,266 3,891 4,83 4,7 5,675 11,156 8,997 11,425 16,52 14,221 11,624 31 19 17 17 15 16 15 16 19 196 2 39 5 48 54 4 6 46 53 8 72 72 19 314 211 211 323 663 326 69 651 488 37 6,371 6,97 5,572 5,771 5,572 3,346 3,72 3,688 4,933 6,386 8,134 9,548 9,151 8,878 1,89 14,432 17,772 11,241 14,783 25,216 21,368 19,2 23,82 29,917 42,66 55,865 6,324 85,855 5,757 68,662 1,86 18,298 99,333 551 684 71 747 685 585 949 743 928 2,774 2,451 2,829 3,288 3,664 4,673 5,395 4,66 3,43 3,82 6,379 5,956 6,214 7,325 8,357 9,716 12,119 15,66 22,275 15,811 22,241 28,541 32,373 34,628 13 284 323 347 46 485 562 781 961 1,275 1,878 2,296 1,549 1,973 3,882 3,99 4,12 5,82 6,552 8,646 11,925 12,653 19,86 13,875 17,6 23,859 27,364 3,645 23 14 8 19 22 24 1 1 84 98 135 191 215 21 236 214 222 225 233 28 265 336 286 339 489 729 722 615 87 695 1,18 Coal Petroleum Energy Imports Anthracite Bituminous Others Crude Oil Petroleum Products LNG Uranium (million USD) 921 1,723 471 94,97 34,983 31,43 731

9. Energy Imports Imports of Coking Coal by Country (mil. ton) 4 35 3 25 2 15 1 5 1981 1983 1985 1987 1989 199 (mil. ton) 12 1 8 6 4 2 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 58 Energy Info. Korea

Korea Energy Economics Institute 9 Energy Imports 1 1993 1995 1997 1999 21 23 25 27 29 211 213 Imports of Steaming Coal by Country 27 29 211 213 Energy Info. Korea 59

9. Energy Imports 92. Imports of Coking and Steaming Coal by Country Coking Coal Total Australia Canada China U.S.A Russia Others 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 5,811 6,439 6,394 6,321 8,125 6,575 9,248 11,236 11,651 11,287 15,572 16,381 17,32 16,91 17,151 18,226 17,395 17,976 17,227 19,575 17,899 17,714 17,676 18,954 16,975 16,466 22,532 24,83 2,66 28,16 32,234 31,544 31,41 3,38 3,414 3,12 2,93 3,16 2,74 3,426 4,216 4,34 4,543 6,391 8,758 9,121 8,735 8,451 9,52 9,79 9,829 9,437 1,641 11,396 11,676 11,714 11,59 9,929 9,963 14,362 14,856 12,577 16,445 16,281 16,32 17,25 1,585 1,616 1,582 1,727 2,348 1,77 2,92 3,384 3,765 3,13 5,126 3,718 4,348 3,961 4,272 4,147 3,97 3,663 3,57 4,97 3,337 3,298 3,26 4,26 3,842 3,55 5,34 5,72 4,371 4,944 6,56 5,669 6,451 1,313 2,134 2,781 2,341 2,36 1,919 2,232 1,858 1,95 2,172 2,341 1,313 1,936 1,922 1,583 1,458 93 1,267 1,486 1,617 2,89 1,486 2,164 2,479 3, 2,63 2,841 2,558 2,294 2,281 2,335 2,652 2,256 2,164 1,586 1,419 571 5 795 34 252 1,132 1,642 3,238 5,213 5,954 4,313 256 38 394 187 327 976 956 461 741 712 633 726 1,553 2,258 2,18 1,645 285 142 224 47 672 678 738 1,157 852 1,11 1,214 1,347 1,557 1,924 2,93 1,97 1,523 751 76 242 66 52 42 89 48 49 31 44 149 214 33,827 19,643 6,751 63 3,743 2,85 282 Source: IEA, Oil, Gas, Coal and Electricity(215, 2Q) 6 Energy Info. Korea

Energy Info. Korea 61 Korea Energy Economics Institute 9 Energy Imports Total Australia Canada China U.S.A Russia Others Steaming Coal 1,421 2,6 3,757 5,873 9,6 9,862 8,587 1,677 11,849 11,56 12,333 13,274 17,837 21,798 25,655 27,698 31,919 32,589 33,874 4,26 43,958 46,926 47,642 53,15 52,355 54,422 65,753 75,52 82,324 9,431 96,916 92,725 95,473 51 445 1,523 3,67 4,8 5,281 3,916 4,135 3,82 3,87 4,779 5,683 6,52 8,123 9,159 9,935 12,769 15,724 12,233 11,597 12,765 14,398 13,619 18,72 19,85 17,637 14,799 23,347 3,353 26,512 28,47 29,444 33,424 37 59 44 1,157 1,664 1,453 1,71 1,387 1,68 1,348 1,616 1,171 1,443 1,527 2,157 1,859 1,992 2,696 2,364 1,647 2,114 1,244 741 28 276 943 1,59 1,45 3,36 4,98 7,944 6,18 6,433 6,23 1,639 18,66 22,426 22,931 24,611 19,65 16,253 14,37 17,748 15,536 8,353 5,356 3,254 2,363 2,867 544 52 4 55 634 627 495 718 617 741 73 671 851 823 1,658 1,518 856 148 71 86 149 63 71 44 2 66 854 771 1,772 393 531 2,171 1,699 2,566 2,58 4,87 3,3 4,58 5,643 6,864 3,994 7,4 1,474 1,944 12,68 789 1,513 1,754 1,594 1,98 2,51 3,15 4,437 5,84 5,61 5,235 5,749 9,41 11,325 12,681 14,386 16,32 7,65 8,17 5,95 4,884 5,785 6,527 11,497 12,946 17,415 26,433 28,261 36,118 46,513 45,92 43,23 38,369 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 (1, ton) 97,58 35,354 5,995 2,291 151 15,356 37,911 214

9. Energy Imports Crude Oil Price (USD/Bbl) 12 1 8 6 4 2 1981 1983 1985 1987 1989 19 (mil. Bbl) 1 9 8 7 6 5 4 3 2 1 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 2 62 Energy Info. Korea

Korea Energy Economics Institute 9 Energy Imports 91 1993 1995 1997 1999 21 23 25 27 29 211 213 CIF FOB 3 25 27 29 211 213 % 1 9 8 7 6 5 4 3 2 1 Crude Oil Imports by Region Energy Info. Korea 63

9. Energy Imports 93. Crude Oil Imports by Region and Prices 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 Total Middle East Asia Africa 182,814 178,369 192,969 199,681 198,313 23,63 216,163 261,79 296,411 38,368 399,33 59,378 56,563 573,714 624,945 721,927 873,415 819,94 874,9 893,943 859,367 79,992 84,89 825,79 843,23 888,794 872,541 864,872 835,85 872,415 927,44 947,292 915,75 Source: Korea National Oil Corporation 165,858 135,527 141,816 132,467 113,13 142,423 138,659 168,479 211,819 229,17 294,357 38,452 43,839 439,33 486,528 561,98 645,678 622,5 632,67 686,916 661,649 579,865 639,453 645,183 689,356 73,843 74,2 746,458 75,363 713,647 87,98 85,971 786,813 Region(1, bbl) 5,141 21,942 27,367 39,329 47,996 52,128 51,265 5,98 63,585 62,53 82,695 95,33 99,147 91,83 82,5 98,631 122,379 113,494 93,517 112,669 13,33 136,756 1,721 116,287 111,937 11,36 131,273 18,482 116,379 152,354 18,42 88,19 97,47 1,467 6,415 12,53 11,75 11,912 9,912 15,141 17,775 17,18 9,689 5,551 12,822 12,876 23,225 37,911 37,24 81,119 61,97 19,56 67,749 39,155 35,877 34,156 42,874 34,424 42,814 35,557 9,932 11,68 214 927,524 778,923 88,623 25,31 4,592 2,772 9,233 8,96 64 Energy Info. Korea

Korea Energy Economics Institute Central America & Others ImportsDependence on Middle East(%) Imports Price(CIF) (USS/bbl) Imports Price(FOB) (USS/bbl) 1,348 14,486 11,734 16,18 25,392 25,61 11,98 23,845 3,826 7,132 16,71 21,71 17,72 2,75 18,456 25,174 24,24 21,689 38,946 26,61 28,53 38,494 3,479 21,447 7,487 4,831 1,69 1,734 1,823 7,962 43,899 23,119 9.7 76. 73.5 66.3 57. 61.9 64.1 64.5 71.5 74.3 73.7 74.7 76.9 76.6 77.9 77.7 73.9 75.9 72.3 76.8 77. 73.3 79.5 78.1 81.8 82.2 8.7 86.3 84.5 81.8 87.1 85.1 85.98 35.57 34.5 29.89 29.6 27.73 15.11 17.74 14.71 16.63 2.96 19.62 18.54 16.59 15.55 17.32 2.11 2.35 13.71 16.91 28.22 24.86 24.24 28.74 36.18 5.53 62.83 69.37 98.28 6.75 78.72 18. 112.79 18.27 34.11 32.82 28.76 27.98 26.67 14.17 16.93 13.89 15.81 19.99 18.55 17.79 15.81 14.84 16.5 19.16 19.28 12.74 16.13 27.4 23.58 23.34 27.48 34.49 48.94 61.8 67.86 95.82 59.3 77.12 16.33 111.7 16.67 34,678 83.98 11.24 99.59 9 Energy Imports Energy Info. Korea 65

9. Energy Imports LNG Imports by Region 214 Brunei 717 Malays 3,673 (mil. ton) 45 4 35 3 25 2 15 1 5 1986 66 Energy Info. Korea 1988 199 1992 1994 1996 1998 2 22 24 26

Korea Energy Economics Institute runei (1, ton) 717 Oman 3,726 9 Qutar 12,853 Energy Imports Malaysia 3,673 Australia Indonesia 836 5,176 (USD/ton) 9 LNG Imports & Prices 8 7 6 5 4 3 2 1 22 24 26 28 21 212 214 Energy Info. Korea 67

9. Energy Imports 94. LNG Imports by Region and Prices 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 Imports Price (USD/ton) 143 179 169 171 25 195 188 175 16 189 23 2 152 161 255 26 229 263 31 387 472 495 727 537 522 65 756 769 846 Slurce: Korea International Trade Assocition Total Indonesia Malaysia 117 1,682 1,898 2,15 2,237 2,494 2,994 4,459 5,996 6,756 9,258 11,471 1,189 12,284 15,239 15,318 17,993 19,38 21,781 22,317 25,256 25,569 27,259 25,822 32,63 36,685 36,184 39,876 37,17 117 1,682 1,898 2,15 2,237 2,436 2,935 4,112 5,433 4,892 5,975 6,73 6,736 7,943 6,633 4,55 5,256 5,2 5,29 5,52 5,6 3,755 3,53 3,84 5,451 7,894 7,445 5,627 5,176 58 58 29 292 1,4 2,573 3,928 2,851 3,46 2,529 2,175 2,4 2,798 4,638 4,688 5,546 6,161 6,247 5,874 4,745 4,144 4,82 4,314 3,673 68 Energy Info. Korea

Energy Info. Korea 69 Korea Energy Economics Institute 9 Energy Imports 271 71 654 757 541 698 849 591 769 61 838 594 85 59 738 53 787 756 773 1,141 717 48 3,251 4,655 5,123 5,694 5,818 6,211 6,458 8,31 8,744 6,973 7,449 8,153 1,278 13,354 12,853 1,619 3,784 3,97 4,714 4,411 4,244 5,221 4,792 4,544 4,551 4,557 4,195 4,127 4,331 3,726 57 114 56 54 57 176 123 285 748 71 422 398 1,314 1,3 787 832 62 836 34 1 299 169 51 33 1,42 1,818 3,535 3,496 8,584 1,756 8,647 1,489 1,126 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 214 Region (1, ton) Brunei Qutar Oman Australia Others

1. Prices Petroleum Products (won/l) 2,5 2, 1,5 1, 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 LPG (won/ 2,5 2, 1,5 1, 5 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 7 Energy Info. Korea

Korea Energy Economics Institute 11. Prices of Major Petroleum Products Gasoline Kerosene Diesel BC Propane Butane won/l 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 697.7 74. 667.9 66. 66. 587.5 547. 445.6 379.8 383.5 482.2 546. 61. 611. 598. 675.9 838.7 1,122.6 1,191.9 1,248.4 1,28. 1,269.1 1,294.8 1,365.3 1,432.3 1,492.4 1,525.9 1,692.1 1,6.7 1,71.4 1,929.3 1,985.8 1,942.5 257.7 292. 292.3 291. 291. 249.2 234.7 194.7 186. 191.3 226.9 231.1 254. 252.3 261.6 314.3 373.5 524.2 491.2 559.6 58.2 554.4 638.8 752.2 871. 931.9 932.2 1,238.7 976.2 1,76. 1,321.2 1,394.1 1,366.7 245.9 278. 278.3 277. 277. 238.3 225.1 187.3 179. 179. 179. 195.1 21. 219.5 231.5 294.1 376.2 553.5 521.8 612.8 644.6 677.6 772. 97.9 1,79.7 1,228.2 1,272.7 1,614.4 1,397.5 1,52.8 1,745.7 1,86.3 1,729.6 won/kg 193.1 28.1 194.9 186.6 185.8 147.9 136.7 15. 89.1 87.4 82.4 83.4 86.7 81.9 15.6 129.9 196.1 262.7 232.5 294.3 39.7 322.8 339.2 367. 42.2 489.4 526.6 757.1 718.7 772.3 987.2 1,88.7 935.4 848. 836.3 747.7 74. 74. 65.9 556.4 458.6 514. 415. 43.4 449.4 46. 475. 489.7 51. 599. 815. 678.3 89.3 919. 887.3 98. 1,5.2 1,131.5 1,242.7 1,33.6 1,789.9 1,577.2 1,812.7 2,34. 2,15.9 2,85.3 74.2 736.2 647.9 64. 64. 52.3 443.4 336.6 293. 293. 286.3 293.9 34. 34. 314.9 33. 417.8 62. 483.3 614.3 755.1 639.3 698.5 75.6 87.1 889.3 931.3 1,343. 1,191. 1,32.3 1,48.4 1,572.5 1,515.6 214 1,827.3 1,296.7 1,636.7 885.5 2,112.9 1,492.3 Note: Butane is for residential and Commercial 1 Prices Energy Info. Korea 71

1. Prices Average Revnues per kwh Sold (won/ h) 14 12 1 8 6 4 2 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 213 72 Energy Info. Korea

Korea Energy Economics Institute 12. Average Revenues per kwh Sold (won / kwh) Average Residential Industrial Commercial Agricultural 1981 1982 1983 1984 1985 1986 1987 1988 1989 199 1991 1992 1993 1994 1995 1996 1997 1998 1999 2 21 22 23 24 25 26 27 28 29 21 211 212 213 64.31 69.87 67.71 67.42 67.92 65.51 63.48 65.49 55.43 52.94 54.23 58.9 58.9 6.22 61.28 62.99 65.26 72.8 71.59 74.65 77.6 75.21 74.68 74.58 74.46 76.43 77.85 78.76 83.59 86.12 89.32 99.1 16.33 74.61 75.19 73.26 73.33 73.42 71.33 71.75 71.94 69.13 68.66 73.3 81.22 82.29 85.95 86.47 88.95 92.5 1.62 13.7 17.3 111.71 11.31 17.96 11.41 11.82 114.33 114.31 114.97 114.45 119.85 119.99 123.69 127.2 62.35 68.76 66.5 66.1 66.64 64.21 61.74 57.47 52.97 49.81 5.53 53.59 54.53 46.14 47.14 48.37 49.86 55.1 54.78 58.3 61.56 6.8 6.3 6.23 6.25 61.92 64.56 66.24 73.69 76.63 81.23 92.83 1.7 62.35 68.76 66.5 66.1 66.64 64.21 61.74 57.47 52.97 49.81 5.53 53.59 54.53 86.92 89. 9.32 93.19 14.16 12.45 16.4 17.99 14.42 1.59 96.85 95.24 97.91 97.68 95.3 98.5 98.93 11.69 112.5 121.98 62.35 68.76 66.5 66.1 66.64 64.21 61.74 33.48 32.7 34.6 33.8 33.56 35.82 34.59 36.17 37.11 38.96 44.31 44.4 43.4 43.51 43.16 43.45 41.95 41.67 42.96 42.45 42.38 42.13 42.54 42.72 42.9 45.51 214 111.28 125.14 16.83 129.75 47.31 1 Prices Energy Info. Korea 73

1. Prices City gas (won/ 1, 9 8 7 6 5 4 3 2 1 1987 1989 1991 1993 1995 1997 1999 21 23 25 27 29 211 74 Energy Info. Korea

Korea Energy Economics Institute 13. City gas (won / m 3, Won /MJ) Average Residential Industrial Commercial 1987 378 352 333 333 1988 34 326 293 293 1989 247 288 227 232 199 225 285 21 214 1991 219 285 19 211 1992 1993 1994 225 233 233 29 296 296 19 194 194 221 23 231 1 1995 239 297 197 236 1996 1997 246 271 32 332 197 29 242 276 Prices 1998 368 436 287 47 1999 336 44 248 357 2 389 461 292 46 21 468 491 369 495 22 47 481 374 498 23 448 46 363 477 24 455 473 379 49 25 461 486 396 53 26 543 56 477 572 27 579 575 485 592 28 628 638 55 659 29 686 688 629 745 21 715 79 66 778 211 816 827 771 874 212 856 869 814 99 213 2.5 214 21.8 22.2 2.7 22.9 Note 1) The Price is based on MJ sice July 212. 2) The Price is retail prices in Seoul. Source: Korea City Gas Association 2.8 19.5 21.7 Energy Info. Korea 75

11. Reserves & Distribution Map 111. Major Coal Fields Source: Korea Resources Corporation 76 Energy Info. Korea

Korea Energy Economics Institute 112. Electric Power Transmission Map Singapyeong Sinanseong SinTaebaek Sinseosan Bukkyeongnam 11 Reserves & Distributi on Map 765kV Substations 765kV Transmisson Note: Based on May 215 Source: Korea Power Exchange Energy Info. Korea 77

11. Reserves & Distribution Map 112. Electric Power Transmission Map 345kV Substations 345kV Transmisson Note: Based on May 215 Source: Korea Power Exchange 78 Energy Info. Korea Sin/SeoIncheon C/C SinDeknneun Ynegju Uijeongbu SinGapyu Chungjou Migum SinPaju Sungdong

Korea Energy Economics Institute 112. Electric Power Transmission Map 11 Reserves & Distributi on Map Jindo CS Heanam CS SeoJeju CS Jeju CS HVDC Note: Based on May 215 Source: Korea Power Exchange Energy Info. Korea 79

11. Reserves & Distribution Map 112. Electric Power Transmission Map Dongducheon CC Pocheon CC POSCO CC Sin/SeoIncheon CC Incheon CC Youngneung TP Pyungtaek TP, CC Dengin TP GS EPS Taean TP Yecheon PP Andong CC Bukpyeong TP Hanyul NP Cheongsong PP Boryeong TP Boryeong CC Hanbit NP Muju PP Sangcheong PP Hadong TP Samcheonpo TP SinWolseong NP Wolseong NP Ulsan TP, CC SinGori NP Gori NP Busan CC Yukhon CC Yeusu TP Gwangyang CC Power Plant Note: Based on May 215 Source: Korea Power Exchange 8 Energy Info. Korea

Korea Energy Economics Institute 113. Expanded Supply of Natural Gas in Different Regions Existing Supply Regions 1Stage Supply Regions 2Stage Supply Regions YangYang P/P Sinyangysing Sin/SeoIncheon C/C SinDeknneun SeoIncheon Incheon T/P.C/C Ynegju Uijeongbu SinGapyung Chungjou Migum SinPaju Sungdong Youngdeungpo SinYangje 신부평 DongSeoul Youngseo SinIncheon SinSihung SinSungnam Youngneung T/P Seoseoul Youngwang N/P SinHwesun SinGangjin Haenam C/S Donghae SinTaebeek SinYoungin SinAnsan Hwebung SinAnsung Pyungtaek T/P.C/C Dengin T/P SinDangjin Uljin N/P SeoAnsung SinJecheon Ansan Taean SinJincheon SinDeknneun SinTangung chungwan SinDeknneun SinSeosan Sinonyang Boryeong T/P.C/C Sinkeedong SinYoung Chungysing Sunsan SinOkcheon SinPohang Gunsan Muju P/P SeoDaegu BukDaegu Wolsong N/P SinKyeongasn SinGimje SinDeknneun SinDeknneun Daegu Ulju Ulsan T/P, C/C SinNamwon Goryong Buyong SinUlsan SinOnsan Sinmasan Kori N/P Bukbusan SinGimhae SinYangsan SinGwangju NamPusan 광양 Samcheonpo Pusan C/C SinGosung Hadong T/P Gwangyang Steel Yeosu T/P Gwangyang C/C 11 Reserves & Distributi on Map Source: Korea Power Exchange Jeju T/P Hanrim CC Jeju C/C Namjeju T/P Energy Info. Korea 81