Europe / Caspian / CIS
Country profile: Faroe Islands
| Location: | Northern Europe, island group between the Norwegian Sea and the North Atlantic Ocean, about half way between Iceland and Norway |
| Climate: | mild winters, cool summers; usually overcast; foggy, windy |
| Terrain: | rugged, rocky, some low peaks; cliffs along most of coast |
| Size: | 1399 sq. km total (Land area: 1399 sq. km ) |
| Population: | 48,668 (July 2008 est.) |
| Languages: | Faroese (derived from Old Norse), Danish |
| Government: | N/A part of the Kingdom of Denmark; self-governing overseas administrative division of Denmark since 1948 |
| Capital city: | Torshavn |
| Legal system: | the laws of Denmark, where applicable, apply |
| Currency: | Danish krone (DKK) |
| Licensing: |
Country profile
The population of the Faroe Islands is largely descended from Viking settlers who arrived in the 9th century. The islands have been connected politically to Denmark since the 14th century. A high degree of self government was attained in 1948.
Energy production and consumption
| Oil | Gas | |
| Production: | ||
| Consumption: | 4,600 bbl/day (2005 est.) | |
| Exports: | ||
| Imports: | 4,580 bbl/day (2005 est.) | |
| Reserves: | ||
| Major fields: |
Faroe Islands - recent news
| 01 Dec 20 |
Faroes: Minesto reaches historic milestone - delivers first tidal energy to the Faroese grid As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delivering electricity to the Faroese grid facilitated by the Power Purchase Agreement with the utility company SEV. |
| 12 Jul 19 |
Faroes launches 5th Licensing Round to run in conjunction with the 32nd UK Licensing Round The Faroese Geological Survey has announced the launch, on 11th July 2019, of the 5th Licensing Round, which will be run in conjunction with the 32nd UK Licensing Round. Both rounds will be open for 120 days. |
Faroe Islands - more news
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