South Korea | Egypt Oil & Gas - Part 3
Asian Imports of Iranian Oil Hit Two-Month Low
China, India, Japan, and South Korea imported a total of 1.63 million barrels per day (mb/d) in February, the lowest levels since December and a 20% decline from February 2017, Gulf News reported. All importers except...
Saudi Aramco Cuts Asian Allocations
To meet its self-imposed export cuts in November, Saudi Arabia is cutting crude oil shipments to customers in Asia, sources told Reuters. Earlier this week, Saudi Arabia announced that it would cut exports of crude oi...
Iranian Exports to Asia Rise but Remain Below 2016 Levels
Iranian crude exports to Asia rose in August for the second month in a row but remained well below export levels for August 2016, Reuters reports. Greater demand from China and South Korea drove the uptick in August, ...
Iranian Crude Exports to S Korea Rise 40.2%
South Korea’s crude imports from Iran and Saudi Arabia rose in August, Reuters reports. The country imported 1.55 million tons of crude from Iran in August 2017, a 40.2% year-on-year (y-o-y) increase from the 1.1 mill...
Iran Boosts Crude Exports to S Korea
Iran’s oil exports to South Korea rose to 1.4 million tons for the month of July, a 26.5% year-on-year increase from the 1.1 million tons it exported to South Korea in July 2016, Reuters reports. During the firs...
South Korean Firm to Modernize the Iranian Tabriz Oil Refinery
South Korea’s SK Engineering & Construction Company will partner with Iran’s Tabriz Oil Refining Company to conduct $1.6 billion worth of renovations at the Tabriz facility, Reuters reports. SK Engineering & C...
Iranian Exports to South Korea Falls
South Korea’s oil imports from Iran fell nearly by 38% in April from the month before as Tehran struggled to maintain supply after clearing crude stored on ships, Reuters reported. South Korea, one of Iran’...
MENA Oil Exports to South Korea Increased
Oil shipments from Saudi Arabia to South Korea rose by 10.9% to reach 3.52m tons per month, or around 831,4b/d, during March compared to 2016, Reuters informed. However, South Korea’s imports of Saudi crude oil decrea...
