21 May 2024
Saturday 15 December 2018 - 10:22
Story Code : 330639

S.Korea imports no Iran oil in November despite sanctions waiver

Reuters - South Korea did not import any Iranian oil for the third straight month in November, customs data showed on Saturday, even though it has a waiver from sanctions targeting crude supplies from the Middle Eastern country.

South Korea and seven other countries were in early November granted temporary waivers from U.S. sanctions that kicked in that month over Tehrans disputed nuclear programme.

In total, South Korea imported 12.71 million tonnes of crude oil in November, up 1.2 percent from 12.59 million tonnes a year earlier, according to the data.

South Koreas crude oil imports from January to November inched up 0.6 percent from the year before to 131.23 million tonnes.

Final data on November crude oil imports is due later this month from state-run Korea National Oil Corp (KNOC). (Reporting by Jane Chung Editing by Joseph Radford and Chris Reese)

In total, South Korea imported 12.71 million tonnes of crude oil in November, up 1.2 percent from 12.59 million tonnes a year earlier, according to the data.

South Koreas crude oil imports from January to November inched up 0.6 percent from the year before to 131.23 million tonnes.

Final data on November crude oil imports is due later this month from state-run Korea National Oil Corp (KNOC). (Reporting by Jane Chung Editing by Joseph Radford and Chris Reese)

In total, South Korea imported 12.71 million tonnes of crude oil in November, up 1.2 percent from 12.59 million tonnes a year earlier, according to the data.

South Koreas crude oil imports from January to November inched up 0.6 percent from the year before to 131.23 million tonnes.

Final data on November crude oil imports is due later this month from state-run Korea National Oil Corp (KNOC). (Reporting by Jane Chung Editing by Joseph Radford and Chris Reese)
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