| 13.08.2009 - KNOC to get a hand from SWF |
| From Businessmonitor.com: In order to raise the country's security of supply, South Korea is targeting energy self-sufficiency - defined as ownership of natural resources by domestic firms - of 30% by 2016, up from 5.7% in 2008 and 7.4% forecast for 2009. Traditionally, the overseas expansion strategy of the state-run Korean National Oil Corporation (KNOC) has been confined to the acquisition of prospective exploration acreage............Full Article: Source |