(EnergyAsia, January 29) — A South Korean court has ordered five oil refiners to pay a total of 81 billion won in compensation to the Defence Ministry for their role in fixing the price of fuels supplied to the military. (US$1=950 won). SK Corp, SK Incheon Oil, Hyundai Oilbank, GS Caltex and S-Oil were…
KOREA: Court fined five oil refiners 81 billion won for price rigging
Posted on January 29, 2007 by EnergyAsia