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S. Korean Shipbuilders May Bag More Orders After Saudi Oil Attack

S. Korean Shipbuilders May Bag More Orders After Saudi Oil Attack

SEOUL, Sept. 17 (Korea Bizwire) — South Korean shipbuilders may receive more orders following drone strikes on Saudi Arabia’s crude processing facilities, analysts here said Tuesday, as the incident is likely to push up demand for liquefied natural gas (LNG) tankers and offshore facilities. Saudi Arabia shut down about half of its oil production Saturday [...]

S. Korea’s Imports of Iranian Crude More Than Double in Q3

S. Korea’s Imports of Iranian Crude More Than Double in Q3

SEJONG, Nov. 29 (Korea Bizwire) – South Korea’s imports of Iranian crude oil soared in the third quarter of this year from a year earlier following the lifting of international sanctions against the Middle East country, government data showed Tuesday.  A total of 29.8 million barrels of crude oil was imported from Iran during the [...]