(Energyasia, November 27) — The South Korean government said it plans to raise the country’s strategic crude oil reserves by 52% to 141 million barrels by 2008. The Ministry of Commerce, Industry and Energy said its current stockpile of 93 million barrels is insufficient to deal with any supply disruption that could occur in…
KOREA: Strategic crude oil reserves to rise more than 50% by 2008
Posted on November 27, 2006 by EnergyAsia