Same is true in parts of the US as well. Here in Maine, it costs 3.80$/gal for heating oil, but you can get wood for 100$/cord. This means I can heat my house with oil to the tune of about 3k/year, or wood for 400/year.
I'm a bit amazed by how efficient my wood boiler is -- I can run it for several hours off a few logs, while maintaining about 175 degrees in the boiler. On a good day, I end up burning less than a log an hour to heat my entire house, including the water heater.
