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United Kingdom
Country Analysis Briefs
Profile
Country Overview
Head of Government Prime Minister Tony Blair (since May 1997)
Location Western Europe, islands including the northern one-sixth of the island of Ireland between the North Atlantic Ocean and the North Sea, northwest of France
Population (2005E) 60,441,457
Languages English, Welsh (about 26% of the population of Wales), Scottish form of Gaelic (about 60,000 in Scotland)
Religion Christian (Anglican, Roman Catholic, Presbyterian, Methodist) 71.6%, Muslim 2.7%, Hindu 1%, other 1.6%, unspecified or none 23.1% (2001 census)
Ethnic Group(s) white 92.1%, black 2%, Indian 1.8%, Pakistani 1.3%, mixed 1.2%, other 1.6% (2001 census)
Economic Overview
Currency/Exchange Rate (April 17, 2006) 1 United Kingdom Pound (GBP) = $1.77
Inflation Rate (2004E, 2005E, 2006F) 2.0%, 1.9%, 1.7%
Gross Domestic Product (2005E) $2.2 trillion
Real GDP Growth Rate (2004E, 2005E, 2006F) 3.2%, 1.8%, 2.2%
Unemployment Rate (2005E) 4.7%
External Debt (2005E) $7.1 trillion
Exports (2005E) $380 million
Exports - Commodities manufactured goods, fuels, chemicals; food, beverages, tobacco
Exports - Partners (2004E) US 15%, Germany 10.7%, France 9.2%, Ireland 6.8%, Netherlands 6.1%, Belgium 5.2%, Spain 4.5%, Italy 4.2%
Imports (2005E) $461 million
Imports - Commodities manufactured goods, machinery, fuels; foodstuffs
Imports - Partners (2004E) Germany 13%, US 9.2%, France 7.5%, Netherlands 6.6%, Belgium 5%, Italy 4.3%, China 4.2%
Current Account Balance (2005E) -$48 million
Energy Overview
Proven Oil Reserves (January 1, 2006E) 4 billion barrels
Oil Production (2005E) 1.9 million barrels per day, of which 85% was crude oil.
Oil Consumption (2005E) 1,8 million barrels per day
Crude Oil Distillation Capacity (2006E) 1.9 million barrels per day
Proven Natural Gas Reserves (January 1, 2006E) 18.8 trillion cubic feet
Natural Gas Production (2003E) 3.6 trillion cubic feet
Natural Gas Consumption (2003E) 3,360.2 billion cubic feet
Recoverable Coal Reserves (2003E) 242.5 million short tons
Coal Production (2003E) 30.6 million short tons
Coal Consumption (2003E) 68.8 million short tons
Electricity Installed Capacity (2003E) 74 gigawatts
Electricity Production (2003E) 369.9 billion kilowatt hours
Electricity Consumption (2003E) 346.1 billion kilowatt hours
Total Energy Consumption (2003E) 9.8 quadrillion Btus*, of which Oil (35%), Natural Gas (34%), Coal (16%), Nuclear (11%), Other Renewables (1%), Hydroelectricity (0%)
Total Per Capita Energy Consumption (2003E) 166 million Btus
Energy Intensity (2003E) 6,147 Btu per $2000-PPP**
Environmental Overview
Energy-Related Carbon Dioxide Emissions (2003E) 564.6 million metric tons, of which Oil (41%), Natural Gas (34%), Coal (25%)
Per-Capita, Energy-Related Carbon Dioxide Emissions (2003E) 9.5 metric tons
Carbon Dioxide Intensity (2003E) 0.4 Metric tons per thousand $2000-PPP**
Environmental Issues by 2005 the government aims to reduce the amount of industrial and commercial waste disposed of in landfill sites to 85% of 1998 levels and to recycle or compost at least 25% of household waste, increasing to 33% by 2015; between 1998-99 and 1999-2000, household recycling increased from 8.8% to 10.3%
Major Environmental Agreements party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Seals, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Desertification, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Marine Life Conservation, Ozone Layer Protection, Ship Pollution, Tropical Timber 83, Tropical Timber 94, Wetlands, Whaling signed, but not ratified: Air Pollution-Persistent Organic Pollutants
Oil and Gas Industry
Organization Private sector active in all aspects of industry.
Major Oil/Gas Ports Bacton, St. Fergus, Teeside, Easington, Isle of Grain, Cruden Bay, Sullom Voe, Flotta, Nigg Bay, Southampton
Foreign Company Involvement Extensive, including many European and U.S. firms. The largest include Total, Chevron, BHP, Amerada Hess.
Major Oil Fields (production, bbl/d) Schiehallion (98,900), Foinaven (72,600), Alba (67,100), Captain (66,000), Forties (55,300)
Major Natural Gas Fields Elgin, Franklin, Halley, Scoter, Shearwater
Major Pipelines (length) Forties-Cruden Bay (110 miles), Ninnan-Sullom Voe (110 miles), Piper-Flotta (130 miles), Cormorant-Sullom Voe (93 miles), Norpipe (220 miles), Shearwater-Elgin (SEAL), Scottish Area Gas Evacuation (SAGE, 200 miles), Central Area Transmission System (CATS, 250 miles), Far North Liquids and Gas System (FLAGS), Interconnector, Frigg.
Major Refineries (capacity, bbl/d) Fawley (326,000), Stanlow (296,400), Killingholme South Humberside (221,300), South Killingholme (221,000), Coryton Essex (163,400),
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.

Country Analysis Briefs

May 2006
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