Saudi Aramco to expand in South Korea

  • Saudi Arabia: Sunday, September 23 - 2012 at 09:05

Saudi Aramco is set to open an office in the South Korean capital, Seoul, next month to enter the Korean energy market, Saudi Gazette has reported. Aramco has recently completed the formalities to open Aramco Asia Korea Ltd, the daily said, citing sources in the government and energy industry. Saudi Aramco plans to hire staff to sell crude oil and LPG, but also to bring aboard experts in renewable energy and energy market analysts. So far Aramco's investments in South Korea were overseen by offices in China or Japan.

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