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 listings against South Korea regulations?

Yes. The same rule table shown on this page drives the matching engine — buyer-side listings that can't legally clear in South Korea are rejected before they reach a seller.

All countries

Regulatory

South Korea — oil import rules

4 product categories open to private trade, 0 restricted, 0 blocked. These are the same rules the OilFlow matching engine uses when screening listings destined for South Korea.

Product-by-product

Crude oil: 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 for private tradeMajor refined products exporter (gasoil, jet, gasoline) to East Asia.
LPG: Allowed for private tradeStandard licensing applies. No special restrictions recorded.
LNG: 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 listings against South Korea regulations?: Yes. The same rule table shown on this page drives the matching engine — buyer-side listings that can't legally clear in South Korea are rejected before they reach a seller.

Work this corridor

OilFlow Network screens every listing against these rules before it reaches the matching engine. Founding partners see matched counterparties flagged for regulatory fit automatically.