(EnergyAsia, October 17 2011, Monday) — South Korea’s Hyundai Oilbank said it has started work on a 100-billion won commercial oil terminal with the capacity to store 300,000 kilolitres of oil products. (US$1=1,150 won).To be completed in late 2013, the terminal will be supported by port infrastructure and linked to the company’s refining hub in…
SOUTH KOREA: Hyundai Oilbank diversifying into commercial oil storage
Posted on October 17, 2011 by EnergyAsia