April 20, 2024

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[THE INVESTOR] Exports of oil and related goods by Korean refiners reached an all-time high in the first nine months of the year, industry data showed on Oct. 26.

According to the data compiled by the Korea Petroleum Association, oil and petrochemical goods exported by SK Innovation, GS-Caltex, S-Oil, Hyundai Oilbank and others reached 352 million barrels in the January-September, rising 1.5 percent from a year earlier.

In terms of volume, the tally marks the highest for any first three quarters, the latest data showed.

Exports to China amounted to 68.76 million barrels in the nine-month period, accounting for 20 percent of total outbound shipments, followed by Singapore with a 12 percent share, Australia with 11 percent, Japan with 9 percent and Taiwan with 9 percent.

By Alex Lee and newswires (alexlee @heraldcorp.com)