South Korea's crude-oil imports fell 6.9% on the year to 68.2 million barrels in April due to sluggish domestic demand for fossil fuels, the Ministry of Trade, Industry and Energy said Wednesday.
South Korea
's
crude-oil imports fell 6.9% on the year to 68.2 million barrels in April due to
sluggish domestic demand for fossil fuels, the Ministry of Trade, Industry and
Energy said Wednesday.
In terms of value,
South Korea
's
overall energy imports decreased 5.5% on year in April, the ministry said, due
to lower crude import prices as well as falling demand for crude and coal at
home.
The crude-oil import price was $109.4 a barrel, down 12% from $124.4 last
April, it said.
The value of
South Korea
's
crude imports fell 18.1% on the year to $7.46 billion.
Inbound shipments of petroleum products increased 21.8% compared with the same
period last year to $2.56 billion, while imports of liquefied natural gas and
liquefied petroleum gas increased by 13.3% on year to $3.13 billion, according
to the ministry's preliminary data.
Imports of coal for April were down 1.1% on year at $1.12 billion.
The ministry didn't provide a breakdown of figures by country for the import
sources.
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