Park celebrates groundbreaking for oil hub project at Ulsan port
Seoul - Arab Today
President Park Geun-hye celebrated the groundbreaking Wednesday for a project to build a massive oil tank terminal at the southeastern port of Ulsan as part of efforts to realize an ambitious goal to turn the port into an oil trading hub in Northeast Asia. The 1.64 trillion won (US$1.55 billion) project calls for building 68 tanks capable of storing a combined 28.4 million tons of crude and other forms of oil and nine berths for oil tankers between 10,000 tons and 300,000 tons in size at the port by 2020.
- Friday ,14 December GMT 18:55 2018 Libya’s National Oil against paying ‘ransom’ to reopen El Sharara field
- Sunday ,09 December GMT 13:35 2018 OPEC+ deal to ensure stability of oil price, that is positive for Russia
- Thursday ,06 December GMT 13:29 2018 Major oil exporters mull supply cut amid internal rifts, US demands
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 04:52 2017 Saturday ,01 July
Rise in temperatures expected
GMT 13:53 2014 Wednesday ,08 January
US undergraduates impress astronomers with asteroid discovery
GMT 06:42 2018 Sunday ,14 January
Saudi Binladin Group denies govt takeover
GMT 13:42 2017 Thursday ,17 August
Mali ex-jihadist liable for 2.7 mn euros for Timbuktu destructionGMT 09:47 2012 Thursday ,22 March
An evening with pianist Ramzi Yassa
GMT 17:33 2017 Tuesday ,04 April
UN says stalled Cyprus peace talks to resumeGMT 13:16 2011 Friday ,26 August
Bahrainis defy Quds Day rally ban
GMT 12:51 2016 Sunday ,22 May
Armenia, China vow to deepen security, anti-terror cooperation
GMT 05:12 2017 Monday ,08 May
Higuain scores to grab
GMT 07:45 2017 Friday ,07 July
Major men's title seeks gift vouchers
GMT 09:32 2017 Friday ,16 June
Daesh retake most of liberated districts in central
GMT 18:03 2018 Friday ,07 December
Russian, Greek leaders to hold first meeting after diplomatic row
GMT 13:56 2018 Sunday ,18 November
Russian PM sends condolences over deadly California wildfiresGMT 09:23 2012 Thursday ,31 May
Don’t blame Qatar for deadly fireGMT 17:43 2013 Thursday ,07 February
Omani ruler launches $182m business fund to create jobs
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor