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ㆍ 제목 [Field Trip] KNOC Yeosu Sep.27
ㆍ 작성자 GETPPP office ㆍ 등록일시 2017-09-29 09:53:49
ㆍ 첨부파일

The KU-GETPPP students got an opportunity to visit the Oilhub Korea Yeosu Company (OKYC) along the southern coast port city of Yeosu on September 27, 2017. The joint venture storage tank terminal was established in 2008 and finished construction in 2012 with a capacity storage of 8.2 million barrels. The joint venture partners are the Korea National Oil Corporation (KNOC)​ (29%), China Aviation Oil Trading (26%), SK Incheon Petrochem (11%), GS-Caltex (11%), Samsung C&T (10%), Seoul Line Service (8%), LG International (5%)​.

 

OKYC is part of the Korea National Oil Corporation's efforts to develop the North East Asia Oil Hub by providing oil logistics & trading, storage and value-added services to the region. In addition to the Yeosu terminal which has been operating commercially since 2013, construction is under way for the Ulsan North (8.1 million barrels capacity) and South Port (16 million barrels capacity) terminals. 

 

GETPPP students had the opportunity to not only learn about the design and construction of the OKYC facility and the larger North East Asia Oil Hub strategy, but also toured the facility and gained first hand experience about KNOC and the oil industry in Korea.  

 


 


 

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