Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Kuwait remains S. Korea''s key crude oil supplier  Join our daily free Newsletter

MENAFN - Kuwait News Agency (KUNA) - 23/02/2013

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Kuwait News Agency (KUNA)) Kuwait remained South Korea's number-two crude oil supplier in January, with its shipments to the country exceeding 300,000 barrels per day (bpd) for the third straight month, according to latest data released on Friday by the state-run Korea National Oil Corporation.

Kuwait's crude oil exports to South Korea last month fell 6.8 percent from a year earlier to 10.32 million barrels, or 333,000 bpd, providing 12.6 percent of its total crude oil imports, compared to a 13.9 percent share the year before.

Overall South Korea's crude oil imports in January increased 2.8 percent year-on-year to 81.71 million barrels (2.64 million bpd). South Korea, with its heavy industrial base, is the world's fifth-biggest oil importer.

Saudi Arabia was its top crude supplier, although shipments from the kingdom edged down 0.2 percent from a year earlier to 809,000 bpd.

The United Arab Emirates ranked third with 249,000 bpd, down 31.7 percent, followed by and Qatar and Iran.

South Korea's imports of Iranian crude oil slid 16.1 percent on the year to 190,000 bpd in the wake of US sanctions targeting Iran's nuclear program.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help