South Korea and Saudi Arabia signed an MOU on crude oil and gas cooperation to establish a mid-to-long-term resource cooperation framework. Saudi Arabia, Korea’s top crude oil supplier, previously committed to prioritizing crude and naphtha supply to Korea. The visit also advanced cooperation on manufacturing infrastructure (automotive, shipbuilding) and minerals/advanced industries.
Official NewsMotirKr
Korea-Saudi Arabia Sign MOU on Crude Oil and Gas Cooperation, Strengthening Resource and Industrial Partnership
Original: 한-사우디, 원유·가스 MOU 체결…자원·산업 협력 동반자관계 강화