The allocation of the $13-billion credit line by South Korea to Iran would open the way for Japanese and European banks to do the same with the country.
Read More »S. Korea`s May Iranian Crude Oil Imports Fall to 8-mth Low
South Korea imported 4.23 million tonnes of crude oil. or 999.680 bpd. from the world'.s top crude exporter in May.
Read More »KOGAS Starts Operation of 3 LNG Storage Tanks in Korea
The Samcheok LNG facility currently operates nine 200.000 kiloliter LNG storage tanks.
Read More »South Korea Plans Energy U-Turn Away from Coal. Nuclear
The price of gas-fired electricity in March was 129.51 won ($0.1160) per kilowatt-hour (kWh). 40 percent more than coal and nearly double the cost of nuclear power.
Read More »IRENA: PV Industry Was the Largest Employer in 2016
The PV industry was the largest employer in 2016. with 3.1 million jobs - up 12 percent from 2015 - mainly in China. the United States and India.
Read More »4 Asian Countries Rise Oil Imports from Iran by 23 Percent
In the first four months of 2017. the four Asian countries imported 1.8 million bpd. a 40 percent rise from the same period last year.
Read More »Iran Increase Oil Exports to South Korea by Over 100 Percent
Iran boosted its crude exports to South Korea by 104.5 percent in January. February and March.
Read More »South Korea`s New Energy Plan Puts Pressure on Kepco
The turbines are part of a project to make the island carbon free by 2030.
Read More »World`s Largest Semi-Sub Platform Arrives in Australia
The project is expected to produce approximately 8.9 million tons of LNG and approximately 1.6 million tons of LPG per year.
Read More »Hyundai Company Seeks Stronger Presence in Iran Market
The managing director of Kerman Motor Company said here on Sunday that the South Korean Hyundai Motor Group is looking for safeguarding a stronger presence in Iran’s auto market. “The Hyundai Motor Group. as a first step. intends to increase satisfaction among its customers in Iran and market for its …
Read More »