Reuters - South Korea's crude oil imports from Iran fell 47.3 percent in January from a year earlier, while its total crude oil imports rose 6.6 percent year on year to 99.8 million barrels last month, data from state-run Korea National Oil Corp (KNOC) showed on Monday.
For story on South Korea's Iranian crude oil imports in January
Note: Crude oil stocks and oil product stocks do not add up to total end-month oil stocks because the total volume also includes byproducts obtained from initial refining, which are used to make premium oil products.
Details of some of the biggest crude exporters to South Korea in January compared with both a month and a year earlier are below.
Country Jan 2018 Dec 2017 Jan 2017 Saudi Arabia 27,441 29,544 24,494 Kuwait 14,962 12,079 12,716 Iran 7,812 8,712 14,819 Qatar 6,891 6,297 6,093 UAE 4,563 6,797 8,474
Details of some of the biggest crude exporters to South Korea in January compared with year 2018 and 2017 are below.
The exporters may not be the top five oil suppliers to South Korea as KNOC classifies crude imports from Iraq under "Others" Country Jan 2018 Jan 2017 Saudi Arabia 27,441 24,494 Kuwait 14,962 12,716 Iran 7,812 14,819 Qatar 6,891 6,093 UAE 4,563 8,474
Note: South Korea's Iraqi crude imports data is available at a later date on the KNOC website (www.petronet.co.kr).