All countries

Regulatory

South Korea: oil import rules

These are the same rules the Regulatory Matrix API serves for South Korea-bound trade: which products private parties can move, which run through a government or monopoly route, and which are closed outright.

Open to private trade4
Restricted0
Blocked0

Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.

Product-by-product

Crude oilALLOWED
Allowed for private tradeMajor importers: SK Energy, GS Caltex, S-Oil (Aramco), Hyundai Oilbank. KNOC (Korea National Oil Corporation) for strategic stocks. Asia's largest refining capacity.
Refined products (diesel, fuel oil, gasoline, jet)ALLOWED
Allowed for private tradeMajor refined products exporter (gasoil, jet, gasoline) to East Asia.
LPGALLOWED
Allowed for private tradeStandard licensing applies. No special restrictions recorded.
LNGALLOWED
Allowed for private tradeKOGAS dominant import; private terminals emerging (GS, SK, POSCO, Hanwha). Incheon, Pyeongtaek, Tongyeong, Samcheok terminals.

Frequently asked

Can private companies import crude oil into South Korea?
Major importers: SK Energy, GS Caltex, S-Oil (Aramco), Hyundai Oilbank. KNOC (Korea National Oil Corporation) for strategic stocks. Asia's largest refining capacity.
Are refined products (diesel, fuel oil, gasoline) tradeable by private importers in South Korea?
Major refined products exporter (gasoil, jet, gasoline) to East Asia.
Does OilFlow screen counterparties against South Korea regulations?
Yes. The same rule table shown on this page ships in the Regulatory Matrix API; counterparty checks destined for South Korea are gated against these rules automatically.

Use this jurisdiction

This rule table is one leg of every counterparty check we run: the tradability rule for the destination country fires alongside the fraud cluster match and the eight-list sanctions screen. Compliance teams that want to call /api/v1/regulatory/check from their own intake systems are scoped on a call, no list price. Screening a named counterparty into South Korea? Run the free check below. A Counterparty Screen is $95, ordered by email to [email protected]: machine output on one named counterparty inside the hour, marked DRAFT for review by independent legal counsel.

Screen a counterparty into South Korea

Paste the company or person name from the pitch. Free, no signup, answer in seconds. Vessels are not screened here.

Order on one named counterparty

Counterparty Screen$95

One name, delivered within the hour, marked DRAFT for review by independent legal counsel, no human read. PEP is not screened; adverse media is not swept.

Counterparty File$500

One named counterparty, the Screen's steps plus a named human's written read and signature, in your inbox by the end of the third business day or the fee is refunded in full.

Email [email protected] with the product and the counterparty name in the subject. An invoice comes back by reply. Both are prepaid by invoice or marketplace order; there is no card checkout.