FINWIRES · TerminalLIVE
FINWIRES

South Korea Reportedly Inks Deal for 273 Million Barrels of Crude Oil From Middle East, Kazakhstan

-- South Korea Presidential Chief of Staff Kang Hoon-sik on Wednesday said the government has reached agreements for the supply of about 273 million barrels of crude oil, sufficient for three months' usage, from the Middle East and Kazakhstan by year-end, according to multiple media reports.

In addition, South Korea has also arranged for the supply of 2.1 million metric tons of naphtha for the same period, said Kang, who recently visited Kazakhstan, Oman, Saudi Arabia and Qatar as a special presidential envoy.

Saudi Arabia has agreed to supply the already agreed upon 50 million barrels of crude oil to South Korean companies in April and May through Red Sea ports. The Kingdom has also agreed to allocate and ship an additional 200 million barrels of crude oil between June and December, along with at least 500,000 tons of naptha, Reuters reported.

South Korea has also secured 18 million barrels of crude oil from Kazakhstan, 5 million barrels of crude oil and 1.6 million tons of naphtha from Oman. Meanwhile, Qatar has assured uninterrupted export of liquefied natural gas, according to the Asia Business Daily.

The energy supplies secured will be transported through alternate routes not related to the Strait of Hormuz, Reuters reported. Flows through the Hormuz accounted for 61% of South Korea's crude oil imports and 54% of its naphtha imports in 2025, the report said.

Meanwhile, in a statement on Wednesday, the South Korean Ministry of Trade, Industry, and Resources said the government will start a 674.4 billion South Korean won ($457 million) program to support additional naptha imports.

The program will cover "50% of the gap between pre-war prices and actual import prices for naphtha volumes contracted between April and June. To help ease short-term supply strains, the program will also cover naphtha substitutes such as [liquefied petroleum gas] and condensate, as well as basic petrochemical feedstocks including ethylene and propylene," the statement said.

The government will also increase the support for freight-cost expenses related to crude oil imports from the Americas, Africa, and Europe. As per the updated surcharge refund program, the government will fully reimburse Middle Eastern crude freight premium costs for April-June imports from those regions, with the increased refund amount estimated at around 127.5 billion won.

The government also intends to accelerate naphtha imports to improve operating rates and work with petrochemical companies to prioritize feedstocks for healthcare products, key industrial goods, and everyday necessities, the statement said.

Korean President's office could not be reached for comment by.

相关文章

Asia

深圳中金岭南非菲美公司2025年归属利润下滑26%

根据深圳中金岭南有色金属有限公司(股票代码:000060)周三向深圳证券交易所提交的文件,该公司预计2025年归属于股东的净利润将同比下降26%,从2024年的10.8亿元人民币降至8.018亿元人民币。 该公司每股收益同比下降26%,从上年的0.27元人民币降至0.20元人民币。 营业利润同比增长7.2%,从564亿元人民币增至605亿元人民币。

$SHE:000060
Asia

杭叉2025年归属利润预计增长8.9%

根据周三提交给上海证券交易所的文件,杭叉(SHA:603298)经调整后的2025年归属股东净利润预计为21.9亿元人民币,较2024年的20.1亿元人民币增长8.9%。 这家重型设备制造商的每股收益从上年的1.54元人民币增至1.67元人民币。 营业利润同比增长5.9%,从167亿元人民币增至177亿元人民币。

$SHA:603298
Insider Trading

根据最近提交给美国证券交易委员会(SEC)的文件显示,Aehr Test Systems公司内部人士出售了价值566万美元的股票。

2026年4月21日,董事Geoffrey Gates Scott出售了Aehr Test Systems (AEHR)的60,000股股票,套现5,660,000美元。根据向美国证券交易委员会(SEC)提交的4号表格文件,Scott目前控制着该公司共计102,864股普通股,其中52,864股为直接持有,50,000股为间接控制。 SEC文件链接: https://www.sec.gov/Archives/edgar/data/1040470/000104047026000140/xslF345X05/primary_01.xml

$AEHR