South Korea’s KNOC to get 4 mil barrels UAE crude in joint storage project with ADNOC

South Korea recently received 2 million barrels of crude oil produced in the UAE, with another batch of Abu Dhabi crude expected to arrive in the coming days, as the two nations launched a joint storage project, enhancing Seoul’s energy security, officials at state-run Korea National Oil Corp. said March 22-23. The 2 million-barrel cargo, which arrived in South Korea’s…