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Various divisions of KNOC have been established in order to fulfill the objectives set forth by the Government |
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KNOC strives to achieve its policy role and contributes to the development of the national economy through
the stabilization of oil supply |
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Sub-division |
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- Overseas E&P
- Domestic E&P |
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Main business |
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- Overseas oilfield development
- Exploration on the Korean continental shelf
- Production of natural gas in Donghae-1 gas field |
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Sub-division |
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- Strategic petroleum stockpiling
- Stockpiling facility operation |
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Main business |
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- Strategic stockpiling in order to reduce the adverse impacts from oil crisis and stabilize oil supply for uninterrupted economic and social activities |
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| Strategic goals by 2012 have been executed as planned via "Great KNOC 3020" to meet the government's policy goals. |
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Increase in overseas E&P operation activities |
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- Production: 43 (Dec, 2010)
- Development: 11 (Dec, 2010)
- Exploration: 135 (Dec, 2010) |
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(Unit: KRW Billion, MMBOE, MBOE/day) |
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| Overseas E&P |
Domestic E&P |
| Total revenues |
1,076.3 |
Total revenues |
195.1 |
| Gross profits |
465.5 |
Gross profits |
99.5 |
| Total reserves |
861.4 |
Total reserves |
19.9 |
| Production |
116.3 |
Production |
3.8 |
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| Petroleum stokpiling (2009 Performance) |
Key financials |
| Total revenues |
366.1 |
Total revenues |
918 |
| Gross profits |
27.9 |
Gross profits |
326 |
| Stockpiling wolume |
139.5 |
Net income |
185 |
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> Business Performance > operating statistics >
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