Korea imported no oil, gas from its foreign fields
Apr 15, 2012
South Korea has imported no oil or natural gas from any of the overseas fields it controls, despite having poured a total of 16 trillion won ($14.1 billion) to secure these assets, the country’s audit and inspection agency said Saturday.The Board of Audit and Inspection announced, after reviewing the status of 17 overseas crude and gas production operations up till July 2011, that the country imported no fossil fuel resources from any of these fields. It said that of the 17, only two located in