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.
Read More »S. Korea to Increase Incentives for Wind Farms
South Korea has been seeking to shift its focus from coal and nuclear energy to renewable energy to cope with worsening air pollution .
Read More »S Korea: Iranian Crude Imports Fall 25% on year to 9.09 mil Barrels in Apr
The rise in crude oil imports in April came despite a sharp increase in the country'.s crude stockpiles.
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