Korea National Oil operates the Yong-In liquids storage terminal, which is located in Gyeonggi-do in South Korea. This liquids storage terminal became operational in 1998 and is owned by Korea National Oil.

The terminal, which is accessible by pipeline and sea, primarily stores petroleum products.

Key specifications of the storage terminal
Storage Capacity (bbl): 25,00,000
Tank Size Min (bbl): 1,50,000
Tank Size Max (bbl): 2,75,000
Number of Tanks: 11

About Korea National Oil

Korea National Oil Corp (KNOC) is a state-owned integrated oil company that carries out the exploration, development and production of oil and gas, and stockpiling of petroleum resources. The company purchases and sells crude oil, distribute gasoline and refined products. KNOC also imports and exports crude oil and petroleum products, operates and leases stockpile facilities, and provides financing services for companies in energy and natural resources industries. The company has operations in Libya, Vietnam, Peru, Yemen, Venezuela, the US, Canada, the UK, Kazakhstan, and Iraq, among others. It carries out energy projects on behalf of the Korean government. KNOC is headquartered at Ulsan, South Korea.

Methodology

Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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