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S.Korea has favoured coal and nuclear power to generate cheaper electricity and to ensure stable power supply.
Read More »South Korea Plans to Lower LNG Tax for Power Generation
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.
Read More »South Korea Sends Delegation to Iran ahead Resumption of US Sanctions
Government working to negotiate with Trump administration to maintain relations with Iran.
Read More »S. Korea Hopes to Keep Iranian Oil Imports
The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.
Read More »South Korea Shortlisted for Saudi Arabia`s Nuclear Project
The lucrative deal is the second chance for South Korea to tap into the Middle East market following a US$20 billion contract with the UAE in 2009.
Read More »Despite Challenges. Trans-Korea Gas Pipeline Project Reappears
State-run Korea Gas Corp (KOGAS) and Russian state gas company Gazprom will conduct a joint pipeline study.
Read More »Moscow. Seoul Discuss South Korea’s Participation in Arctic LNG-2 Project
Moscow and Seoul are discussing South Korea'.s participation in the Arctic LNG-2 project.
Read More »Daewoo Shipbuilding Delivers LNG Ship with Full Re-Liquefaction System
In 2016. Daewoo Shipbuilding delivered an LNG ship with the PRS system to a client for the first time in the market.
Read More »South Korea Oil Imports Fell to Lowest Level over the Past Two Years
The US president had already emphasized that the regime of sanctions he plans to impose on Iran will be ``at the highest level``.
Read More »Russia in Talks to Build Gas Pipeline Uniting the Korean Peninsula
South Korea is interested in buying 10 billion cubic meters of gas per year from Russia.
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