South Korea unveils plan to build regional oil trading post
Seoul - Yonhap
South Korea announced an ambitious plan on Wednesday to build the world's fourth-largest oil hub and a key trading post in Northeast Asia. The country took its first step toward building an international oil hub last year when it opened its first-ever commercial oil storage facility in Yeosu, 455 kilometers south of Seoul, which can store up to 8.2 million barrels of oil.
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