Tag Archives: South Korea

Saudi Arabia held onto its spot as South Korea'.s top oil supplier for both March and the full quarter.

Production in Mexico has declined for 12 years in a row and this year will be less than 2 million barrels a day.

Asia'.s fourth-largest economy brought in 12.68 million tons of crude oil in March this year.

The volume of non-oil exports reached $44 billion last year.

The share of crude is 2.265 million barrels per day and the remaining is related to gas condensates.

South Korea considerably increased its crude oil imports from Iran in February.

The discovery of a huge natural gas deposit in Egyptian waters has boosted hopes of other such finds in the eastern Mediterranean.

Japanese and South Korean firms have also improved ties with Iranian firms. in recent months.

Around 11.000 MW. or roughly 15% of Iran'.s total electricity output comes from hydroelectric facilities.

The complex is expected to become operational in four years.