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South Korea Determined to Maintain Mutual Ties

EghtesadOnline: South Korea will continue its negotiations with Washington to receive exemptions from US sanctions against Iran as ties with Tehran, particularly in the energy sector, are crucial for Seoul, says the East Asian nation's ambassador.
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Publish Date:22/May/2019 | 10:29

EIA: South Korea Overtakes China as No. 2 Buyer of US Oil

EghtesadOnline: South Korea overtook China as the No. 2 destination for US crude behind Canada in 2018, as shipments to South Korea soared to a record high of 558,000 barrels per day in December while shipments to China have started to return from zero, according to Energy Information Administration data released Friday.
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Publish Date:10/March/2019 | 13:00

US, South Korea Discuss Iran Oil Issues

EghtesadOnline: A top US official discussed this week South Korea ’s crude oil imports from Iran and urged Seoul to accelerate its oil supply diversification, S&P Global Platts reported on Thursday, quoting a diplomatic source.
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Publish Date:23/February/2019 | 14:46

South Korea Resumes Iran Oil Import

EghtesadOnline: South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
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Publish Date:16/February/2019 | 11:43

After building boom, South Korea girds for housing glut

EghtesadOnline: In Yongin, a satellite city south of Seoul, orange construction cranes are racing to build gleaming new high-rises, but realtor Kim Woong-jib says he is pointing would-be apartment buyers to older buildings.
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Publish Date:29/August/2016 | 07:01