Korea National Oil Corp - Company Profile
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Business Description
Korea National Oil Corp (KNOC) is an integrated oil and gas company that carries out the exploration, development and production of oil and gas, and stockpiling of petroleum resources both at domestic and international locations. It also provides oil information through Petronet. The company operates through four reportable business segments: Oil and Gas, Petroleum Distribution, Oil Stockpiling and Others.
Business Segments
Overview
Purchase and lending of oil stockpiles; and management, operation and lending of oil stockpiling facilities. Its stores crude oil, refined oil products (including kerosene, gasoline and diesel) and liquefied petroleum gas (LPG). It has domestic storage bases in Yongin, Seosan, Pyeongtaek, Goksung, Yeosu, Geoje, Ulsan, Guri, and Donghae.
Performance
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Overview
Focuses on exploration, development and production of overseas and domestic resources and sales of crude oil. It has interest in overseas exploration and production (E&P) projects in Libya, Vietnam, Peru, Yemen, Venezuela, the US, Canada, the UK, Kazakhstan, the UAE, and Iraq, among others.
Performance
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Overview
Provides oil information services, and other research services.
Performance
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Overview
Includes distribution of gasoline and gas oil and oil trading. It serves oil refineries, trading companies, and petrochemical companies worldwide.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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