23.11.2014 Views

YtDl2r

YtDl2r

YtDl2r

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Figure 5. Overview of countries<br />

from which Germany<br />

imports oil, gas, and coal<br />

(based on tonnes imported)<br />

Russia 32%<br />

Norway 20%<br />

Netherlands 11%<br />

UK 6%<br />

USA 4%<br />

Colombia 4%<br />

Libya 4%<br />

Nigeria 3%<br />

Kazakhstan 2%<br />

Australia 2%<br />

Remaining<br />

(37 countries) 12%<br />

3.2.2 Extractives<br />

Oil and gas are vital to many industries and civilisation as a whole. In 2011, the<br />

world consumed approximately 4,060 million tonnes of oil. Developed nations<br />

are the largest consumers – North America and Europe/Eurasia respectively<br />

consumed 25.3% and 22.1% of the oil produced in 2011 56 . Altogether, petroleum<br />

production, distribution, refining, and retailing represents the world’s largest<br />

industry in terms of dollar value.<br />

Top countries of import to Germany and their water risk<br />

In 2011, fuels and mining made up 22.5% of the total world trade in merchandise<br />

57, F . In 2012, Germany imported €110 billion (US$139.7 billion) worth of<br />

extractive goods and resources (mineral oil, gas, coal, and ore) and consumed<br />

2.7% of the oil and 2.2% of the natural gas produced in 2011 G . Germany mainly<br />

imports its oil, gas, and coal from Russia, followed by Norway, the Netherlands,<br />

and the UK (see Table 5 and Figure 5). Germany’s ores are mainly imported<br />

from Brazil (see Table 6 and Figure 6). See Side Note 3 about the issue<br />

of re-exports.<br />

Country<br />

Import<br />

value<br />

(€ m)<br />

Import<br />

volume (t)<br />

Russia 32,829,331 72,529,771<br />

Norway 22,477,247 46,741,204<br />

Physical<br />

risk<br />

Regulatory<br />

risk<br />

Reputational<br />

risk<br />

Netherlands 11,723,085 25,623,804<br />

UK 7,258,692 14,180,493<br />

Libya 5,449,903 8,089,927<br />

Nigeria 4,281,702 6,481,509<br />

Kazakhstan 3,520,847 5,160,972<br />

Algeria 1,506,394 2,200,190<br />

Azerbaijan 1,449,772 2,170,780<br />

Saudi Arabia 1,192,858 1,973,588<br />

Table 5. Top ten countries from which Germany imports oil/gas/coal and their water<br />

risk (based on import value). The import value and volume and water risk scores are<br />

aggregated from individual commodities (see Annex 1 for individual commodities).<br />

High Medium Low<br />

*See 3.1 Water Risk Analysis and Methodology for further details.<br />

F The WTO’s definition of fuels and mining products includes, apart from the commodities included in<br />

the German trade numbers, non-crude petroleum oils, coke and briquettes, electric current, crude<br />

fertilisers and metal scrap. These made up around 7% of world trade in 2011, 5% being non-crude<br />

petroleum oils. Source: WTO Trade Statistics 2011, UN Comtrade<br />

G BP, 2012<br />

26

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!