South refiners’ exports break $62 bn landmark

South Korea’s annual oil refining exports broke an all-time high of 76 trillion won (49 billion Euro) as of October this year.

The annual exports of oil refiners in the January to October period posted 76.1 trillion won (49 billion Euro), up 20.8 percent from the annual exports of 63.1 trillion won (40 billion Euro) in 2010, according to the four major refiners Monday including SK Innovation, GS Caltex, S-Oil, and Hyundai Oilbank.

This year’s sales for 10 months not only exceeded last year’s annual sales, but also topped the previous record of 2008 annual sales of 68.1 trillion won (44 billion Euro).

For full article see Maeil Business.