PERSPECTA

News from every angle

Korea Herald

S. Korea, UAE discuss energy supply ties amid supply chain uncertainties

By The Korea Herald

South Korea and the United Arab Emirates discussed strategic cooperation in the energy sector, including joint oil reserves and nuclear power plants, the industry ministry said Tuesday. Industry Minister Kim Jung-kwan met with Musabbeh Al Kaabi, chief executive officer of upstream at Abu Dhabi National Oil Company, to discuss the stable supply of crude oil, according to the Ministry of Trade, Industry and Resources. During the meeting, South Korea was briefed that imports of the 24 million barre