Recent Study: South Korea Oil & Gas Report Q3 2014
BMI View: While there are efforts to stimulate upstream oil and gas activity, there is little to suggest that South Korea can develop significant resources, meaning the country is set to remain a key importer of crude and liquefied natural gas (LNG) . Public aversion against nuclear is set to support LNG demand in South Korea, while oil demand could soften from 2020 on the back of rising fuel efficiency, particularly in the transport sector, and a switch to non-oil...
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