(EnergyAsia, September 12, Friday) — Germany’s Oiltanking Group said it will take a 34% stake in a joint venture with Korea National Oil Company (29%), Glencore International (15%), SK Energy Co Ltd (11%) and GS Caltex Corporation (11%) to develop a new petroleum terminal in the port city of Yeosu in South Korea. The secured…
SOUTH KOREA: Oiltanking signs joint venture agreement for new storage terminal in Yeosu
Posted on September 11, 2008 by EnergyAsia