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South Korea Depends on Energy Imports
January 21, 2013 | Energy Information Administration

“EIA estimates that South Korea was the world’s tenth largest energy consumer in 2011, and with its lack of domestic reserves, Korea is one of the top energy importers in the world. In 2011, the country was the second largest importer of liquefied natural gas (LNG), the third largest importer of coal, and the fifth largest importer of crude oil. [...] In an effort to improve the nation’s energy security, oil and gas companies are aggressively seeking overseas exploration and production opportunities.” Quoted from the Energy Information Administration.


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