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E&P worldwide
Stockpiling Projects
Oil Stockpiling Projects
Construction Projects
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Improvement of Petroleum Distribution Structure
Technology Development
 
home > Operations > Stockpiling Projects > Construction Projects > Overseas Projects
Overseas Projects
 

Summary

In contrast to northern Europe etc., which completed construction of storage bases at the end of the 70s, Korea has been unique in both building and operating underground storage bases simultaneously since the 1980s. Korea has the world’s most advanced technology in this area.


Based on its accumulated technology and experience, KNOC is pursuing joint projects in cooperation with domestic private businesses to realize overseas strategic petroleum storage business for markets like China and India, with rapid economic growth and rapidly increasing petroleum demand. KNOC’s technological capabilities have been proven on the world stage, and have contributed to the development of the national economy through promotion of overseas entry of domestic private businesses.

 

Current status

  Functions
Building a basis for overseas business
  • - Hosting of technology briefings and participation in international seminars
  • - Recruitment of ordering agencies
  • - Conclusion of technological cooperation agreements with the CPP of China, and the OIDB of India
Undertaking and activating business
  • - Feasibility study for the underground storage base in Jinzhou, China
  • - Dispatch of personnel to Mangalore, India for storage base construction
    (1 person anticipated)
  • - Joint research on the Vietnam Energy Master Plan (oil storage division)
  • - SOC project in the Kurdish region to secure Iraqi mineral rights

 

Department Contacts Updated
  Department : Petroleum Stockpile Engineering Dept. Contacts : +82)52-216-5304

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