South Korea investigates the origin of imported oil, focusing on supplies from russia
Kyiv • UNN
South Korea is investigating the origin of imported oil, including russian supplies, due to concerns about possible relabeling.
South Korea is investigating the origin of imported oil, paying particular attention to Russian supplies. This was reported by Bloomberg, according to UNN.
Details
The South Korean government has launched an investigation into the origin of imported oil, a key ingredient for plastics production, focusing on russian supplies.
According, the investigation covers the procurement of several petrochemical companies in South Korea.
It turned out that at least one of South Korea's largest producers is linked to the dubious origin of imported raw materials. Over the past week, the customs service has been actively investigating this issue. Sources also claim that the South Korean authorities have established links with the Trafigura Group trading house.
In the course of the investigation, the authorities are checking the origin of goods purchased by end users in South Korea. Particular attention is being paid to the possibility of relabeling russian oil and its subsequent sale under other labels.
Recall
Due to the US sanctions against Iran, South Korean petrochemical companies have had difficulties in recent years with the supply of Iranian condensate, their main source of raw materials. This has led to a shift in priorities to russian oil, but the war in Ukraine has also complicated this process.
Add
According to the analytical company Kpler, before the war in Ukraine, russia was the main supplier of oil to South Korea, accounting for more than 25% of the country's imports in 2021. However, after the conflict began, buyers avoided direct purchases of russian fuel due to US sanctions and possible increased government control. Consequently, imports from other countries, such as Tunisia, the United Arab Emirates, and Singapore, are on the rise.
South Korea investigates the origin of imported oil, focusing on supplies from russia
russian "Shahed" drones spotted in different regions of Ukraine
Kyiv team wins the national AI hackathon with an app for the hearing impaired
Air Force warns of ballistic missile threat in 2 regions
UK considers restricting entry of Chinese officials due to espionage
NACP recognized as "International Public Institution of the Year" at ESE Public Sector Transformation Awards 2024
Enemy drones heading for Dnipropetrovs'k region
Ukraine's hydropower industry is stable, repairs continue at 23 power units
Movement of Iranian drones over Kirovohrad and Kherson regions spotted
Occupants advance in Novomykhailivka, Orlivka, Pervomaiske and east of Terny - DeepState
Publications
The Housing Capital case: where did the billions go?
Only debtors see the Russian footprint: how the label of cooperation with russia is used in business wars
Criminal case opened against acting deputy head of the State Tax Service Sokur for obstructing the supply of fuel to the army
Credit maze: how to repay a loan when no one is interested and has completely different plans
Starting a business as a way for veterans to adapt to civilian life: what problems do former military personnel face
South Korea investigates the origin of imported oil, focusing on supplies from russia
South Korea is investigating the origin of imported oil, including russian supplies, due to concerns about possible relabeling.
russian "Shahed" drones spotted in different regions of Ukraine
According to the Air Force of the Armed Forces of Ukraine, several groups of Iranian-made Shahed drones were detected flying in different directions over several regions of Ukraine.
Kyiv team wins the national AI hackathon with an app for the hearing impaired
A team from Kyiv won the national stage of the Teens in AI hackathon by presenting the ConnectAbility app that uses artificial intelligence to learn sign language for people with hearing impairments.
Air Force warns of ballistic missile threat in 2 regions
The Air Force of the Armed Forces of Ukraine informs about the threat of ballistic missiles in Sumy and Chernihiv regions.
UK considers restricting entry of Chinese officials due to espionage
The British government is considering restricting the entry of Chinese citizens on official business due to the growing threat of espionage from Beijing.
NACP recognized as "International Public Institution of the Year" at ESE Public Sector Transformation Awards 2024
The National Agency for the Prevention of Corruption (NAPC) of Ukraine has won the International Public Institution of the Year award at the ESE Public Sector Transformation Awards 2024.
Enemy drones heading for Dnipropetrovs'k region
The Ukrainian Air Force informs about a new group of Iranian-made Shahed drones heading to Dnipro region from the southeast.
Ukraine's hydropower industry is stable, repairs continue at 23 power units
Ukrainian HPPs and PSPs are operating normally, with 23 hydraulic units undergoing repairs, 9 of which are under reconstruction.
Movement of Iranian drones over Kirovohrad and Kherson regions spotted
Ukraine's Air Force reported the movement of Iranian Shahed drones through Kirovohrad region heading north, as well as a new group of Shahed drones moving through Kherson region toward Mykolaiv region.
Occupants advance in Novomykhailivka, Orlivka, Pervomaiske and east of Terny - DeepState
russian troops advanced in Novomykhailivka, Orlivka, Pervomayske and east of Ternove.