(EnergyAsia, July 27 2010, Tuesday) — Korea National Oil Corporation (KNOC) plans to stockpile another two million barrels of crude oil this year to add to the 1.4 million barrels already purchased. The state-owned company also plans to invest about 2.4 trillion won to develop new terminals with the capacity to store 36.9 million barrels,…
SOUTH KOREA: KNOC plans to import 3.4 million barrels of crude oil this year
Posted on July 26, 2010 by EnergyAsia