Oil Field Services: News for Oil & Gas and Hydrocarbon Industries  Membership Services
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Kuwait Remains S. Korea''s Key Crude Oil Supplier

Source: KUNA 9/28/2011, Location: Middle East

Share |

Kuwait remained South Korea's No. 2 crude oil supplier in August, with its shipments rose 5.9 percent from a year earlier to 10.56 million barrels, or 341,000 barrels per day (bpd), according to latest data released by the state-run Korea National Oil Corporation (KNOC). Kuwait provided 14.5 percent of South Korea's total crude oil imports in August, compared to a 13.2 percent share in the same month of 2010 and 13.6 percent in July.

Overall South Korea's crude oil imports last month fell 3.8 percent year-on-year to 72.77 million barrels, or 2.35 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 imports from the kingdom plunged 16.1 percent from a year earlier to 842,000 bpd. Iran became third with 264,000 bpd, up 9.7 percent, followed by the United Arab Emirates and Qatar.

Oil Field Services News in Kuwait >>

Middle East Oil Supply July 2015
Yemen >>  7/29/2015 - Middle Eastern oil supply is estimated to decrease by 0.10 mb/d in 2015 from the previous year to average 1.24 mb/d, unchanged from the previous MOMR....
NEOS Identifies Frontier Oil & Gas Province in Lebanon
  Lebanon >>  7/27/2015 - NEOS has announced the promising findings from a regional oil & gas prospectivity study that it completed in Lebanon. NEOS believes a frontier oil & g...

Antonoil Wins $140m Contract in Iraq
  Iraq >>  7/20/2015 - Anton Oilfield Services Group has received a notification from an international oil company customer operating oilfield projects in south Iraq that th...
Middle East Oil Demand in July 2015
Saudi Arabia >>  7/20/2015 - In Saudi Arabia, oil demand figures were very robust during the month of May 2015, rising by around 0.30 mb/d or more than 12% as compared with the sa...

Honghua Signs $26m Contract in the Middle East
  Iraq >>  7/17/2015 - Honghua Group Ltd, a leading global land drilling rig manufacturer, is pleased to announce that it entered into an oilfield services agreement worth a...
STATS to Provide North Field Pipeline Repair Services
  Qatar >>  7/16/2015 - STATS Group has consolidated its reputation in the Emergency Pipeline Repair System (EPRS) market with an award in excess of $10 million (6.5 million...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Kuwait Oil & Gas 1 >>  2 | 3 | 4 |

More News

Oil & Gas Companies in Kuwait >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed