The new investment plan was set to meet the rising demand for LNG bunkering.
Read More »Markets are Tighten on Iran-US Tensions
Iran is also awaiting European guarantees on the sale of Iranian oil and banking relations.
Read More »South Korea will Continue Buying Iran`s Oil
Tehran embraces expanding relations and cooperation with Seoul in different domains.
Read More »S. Korea Petrochemical Firm to Replace Iranian Oil
South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.
Read More »Kogas to Invest $8.84B by 2025 in LNG. Hydrogen Projects
South Korea in 2017 imported roughly 30% of its total supply from Qatar.
Read More »S.Korea`s Crude Imports Halve to 5.78 mil Barrels in Jul
Final oil trade data for July will be released later this month by state-run Korea National Oil Corp.
Read More »LNG Market to Grow by 11% in 2018
South Korea had the market share at 70% of the orderbook by cbm. followed by Japan (21%) and China (9%).
Read More »Top Asian Oil Customers Reduce Iranian Oil Imports to 7-Month-Low
Japan’s imports of Iranian oil increased by 10 percent in June compared to the same month last year.
Read More »South Korea Plans to Lower LNG Tax for Power Generation
S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.
Read More »S.Korea`s June Crude Oil Imports Drop Lowest since Jan 2015
South Korea’s crude imports in the first six months of this year were 74.11 million tonnes.
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