S-Oil to donate W200m of heating oil to underprivileged

Korean oil refiner S-Oil said Monday it would hand out heating oil worth 200 million won ($171 million) as part of its regular community service efforts to support people in need. 

Under the “Hope to You” campaign, S-Oil CEO Othman Al-Ghamdi donated 200 million won to the Korea National Council on Social Welfare. The fund will be used to provide fuel vouchers for low-income families and senior citizens living alone, with each household getting vouchers worth 1 million won.

“I was quite heart-broken to hear that there are people out there going through the cold winter without heating oil due to financial difficulties,” said the CEO. “I’m pleased that I could deliver S-Oil’s heating oil to people in real need and hope that our little help gives hope to them.”

By Lee Hyun-jeong (rene@heraldcorp.com)