Energy

Belize is a net energy importer. The main import is oil. In 1998 Belize imported an estimated 2,000 bpd of oil.

A petroleum consortium comprising Petrofina (Belgium), Deminex (Germany), Dover Technology (United States), and Magellan Petroleum (Australia) planned to drill offshore near Glover's Reef, part of a prized barrier-reef system. The project was delayed by controversy over an environmental impact statement and an environmental management plan.

In 1998, installed electric capacity was 35 MW. The principal source of electric power is currently thermal power.

Belize
Key Sectors
Energy: Production and Consumption of Primary Energy
(Quads)

		1995	1996	1997	1998	1999
Coal	Production	0.0010	0.0010	0.0010	0.0010	0.0010
	Consumption	0.0260	0.0170	0.0140	0.0200	0.0170
	Net Exports	-0.0250	-0.0160	-0.0130	-0.0190	-0.0160
Hydro	Production	0.0020	0.0010	0.0010	0.0020	0.0020
	Consumption	0.0020	0.0010	0.0010	0.0020	0.0020
	Net Exports	0.0000	0.0000	0.0000	0.0000	0.0000
Natural Gas	Production	2.4210	2.4730	2.7420	2.9350	3.2640
	Consumption	0.8760	0.8590	0.8020	0.8300	0.8840
	Net Exports	1.5450	1.6140	1.9400	2.1050	2.3800
Nuclear	Production	0.0000	0.0000	0.0000	0.0000	0.0000
	Consumption	0.0000	0.0000	0.0000	0.0000	0.0000
	Net Exports	0.0000	0.0000	0.0000	0.0000	0.0000
Petroleum	Production	2.4370	2.5250	2.5890	2.5270	2.4380
	Consumption	0.4410	0.4340	0.4380	0.3980	0.4100
	Net Exports	1.9960	2.0910	2.1510	2.1290	2.0280
Renewables	Production	0.0000	0.0000	0.0000	0.0000	0.0000
	Consumption	0.0000	0.0000	0.0000	0.0000	0.0000
	Net Exports	0.0000	0.0000	0.0000	0.0000	0.0000

Sources:

US Department of Energy