Drone strikes on Saudi Aramco facilities "serious threat" to global security: Seoul
- 5 years ago
South Korea's Ministry of Trade, Infrastructure and Energy says... the attacks in Saudi Arabia won't significantly impact local oil supplies, at least for now.
The ministry held an emergency meeting Monday with industry experts and major oil firms including SK Energy, Hyundai Oilbank and S-Oil.
The Saudi government has said it will procure supplies to meet international contracts.
But because Saudi oil accounts for nearly a third of South Korea's crude imports,... Seoul is looking to diversify its oil sources and will tap into its reserve inventory if necessary,... in case of a
supply shortage.
Meanwhile, the foreign ministry on Monday expressed concern over the drone strikes,... deeming them a "serious threat" to global energy security.
Seoul says it will keep a close eye on further announcements from the Saudi Arabian government as well as from Aramco.
The ministry held an emergency meeting Monday with industry experts and major oil firms including SK Energy, Hyundai Oilbank and S-Oil.
The Saudi government has said it will procure supplies to meet international contracts.
But because Saudi oil accounts for nearly a third of South Korea's crude imports,... Seoul is looking to diversify its oil sources and will tap into its reserve inventory if necessary,... in case of a
supply shortage.
Meanwhile, the foreign ministry on Monday expressed concern over the drone strikes,... deeming them a "serious threat" to global energy security.
Seoul says it will keep a close eye on further announcements from the Saudi Arabian government as well as from Aramco.