South Korea · Regulatory
Crude oil in South Korea
Status
Allowed for private trade
Major importers: SK Energy, GS Caltex, S-Oil (Aramco), Hyundai Oilbank. KNOC (Korea National Oil Corporation) for strategic stocks. Asia's largest refining capacity.
Frequently asked
- Can private companies import Crude oil into South Korea?
- Yes. Major importers: SK Energy, GS Caltex, S-Oil (Aramco), Hyundai Oilbank. KNOC (Korea National Oil Corporation) for strategic stocks. Asia's largest refining capacity.
- What license is typically required?
- Major importers: SK Energy, GS Caltex, S-Oil (Aramco), Hyundai Oilbank. KNOC (Korea National Oil Corporation) for strategic stocks. Asia's largest refining capacity.
- Does OilFlow screen Crude oil listings against South Korea rules?
- Yes. OilFlow's matching engine blocks impossible listings — for example, a private buyer-side Crude oil listing into South Korea will be rejected automatically if this page says blocked or restricted.
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