S. Korean refiner loads Iranian oil cargo for delivery October 5, 2012 - 12:16 AMT PanARMENIAN.Net - South Korean refiner Hyundai Oilbank has loaded a cargo of crude in Iran for delivery later this month, a company source said on Friday, Oct 5, while a cargo for refiner SK Energy arrived this week as Seoul resumes imports following a two-month gap, Reuters reported. The north Asian country has restarted Iranian oil imports of about 6 million barrels per month, or 200,000 barrels per day (bpd) of full contracted volumes, after a way was found to get around a European Union ban on insurance cover. The cargoes are being transported under Iranian insurance cover to avoid sanctions, refining and government sources said. Among South Korea's four refiners, only SK Energy and Hyundai Oilbank import Iranian crude.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
