InfoAnda - S.Korea to hike energy, minerals development by 2019

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

KIC set to make $1 bln alternative investment in H2 | 30 June 2009
Composer Threatens To Sue Philippine Presidential Candidate For Unauthorized Use Of Song In Campaign Ad | 12 January 2010
A Minute With: Bette Midler on New Year TV special | | 30 December 2010

As ANC votes, South African poor feel party has passed them by | | 14 December 2012

Forum Views () Forum Replies ()

Read more with google mobile : S.Korea to hike energy, minerals development by 2019

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Singapore Asia Pacific World S.Korea to hike energy, minerals development by 2019 Reuters - 2 hours 38 minutes ago Send IM Story Print * Aims 699,000 bpd oil output in 2019 vs 136,000 bpd in 2009 * To get 39,000 T/D LNG output in 2019 vs 14,600 T/D in 2009 * Wants to hike coal, iron ore, copper, zinc, nickel output By Cho Mee-young SEOUL, Dec 22 - South Korea wants energy companies to supply 30 percent of the country's combined oil and gas imports from projects almost all abroad by 2019, up from 9 percent in 2009, as it looks to increase self-sufficiency. The world's No. 5 crude buyer and No. 2 liquefied natural gas importer had drawn up long-term plans to raise production of oil, gas, and six strategic minerals and new strategic minerals including lithium and rare earths, the ministry of knowledge economy said in a statement on Wednesday. The government will help firms achieve the targets by raising budgets, and financial and tax benefits, the statement said, as Asia's fourth-largest economy faces tough competition for energy supplies from fast-growing regional rivals China and India. The government help activating investments by pension funds in overseas resource development, the statement added. "The government will pursue South Korean model in resource development cooperation which differentiates and maximises advantages such as sharing economic growth experience, while supporting businesses bridging infrastructure and resource development," the ministry statement said. BEEFING UP RESOURCE SELF-SUFFICIENCY South Korea said earlier this month it would seek to raise self-sufficiency rates for oil and gas to 13 percent in 2011, up from 10 percent in 2010, while doubling those rates for new strategic minerals such as rare earths and lithium, to 10 percent in 2011 from 5.5 percent in 2010. [ID:nL3E6NF0X1] It wants to nearly quadruple self-sufficiency rate of rare earths and lithium to 26 percent by 2019 from 7.3 percent in 2009, Wednesday's statement said. For state-run entities, it underlined growth strategies by investing more and securing non-traditional energy resources such as oil sands, shales. "KOGAS will expand and diversify ways to secure resources by utilising its LNG purchasing power," the statement said. Korea Gas Corp , the world's largest corporate buyer of LNG, will purchase a 15 percent stake in Australia's Gladstone LNG project, while agreeing on a long-term supply deal. [ID:nL3E6NG0AP] [ID:nL3E6NJ0BL] "We will focus to help KNOC achieve sustainable organic growth bases through maximising M&A synergy and improving technologies, while continuing to enlarge the state-run entity," the statement said. It added the government would pursue initial public offering once its global competitiveness was secured, without elaborating. KNOC, which said earlier this month in an interview that it would focus on oil asset acquisition, and STX Energy have acquired a combined $55 million of 46.75 percent stakes and operation right in U.S.-based oil fields. [ID:nSEL003196] KNOC also signed a $522 million contract in recent weeks to buy oil and gas assets in Canada. [ID:nTOE6BE05J] Recommend Send IM Story Print Related Articles Mitsui to spend $1.2 bln on Rio Tinto JV expansion Reuters - 32 minutes ago Belgian Eden Chocolates wants China listing-paper Reuters - 33 minutes ago Insurer Catlin raises loss estimate from NZ quake Reuters - 33 minutes ago Swiss franc gains, hits 2-month high vs dollar Reuters - 34 minutes ago JGBs gain on month-end buys; 2-yr sale well received Reuters - 34 minutes ago News Search Top Stories Russia investigates Bank of Moscow over loan Zsa Zsa Gabor's prince glues own eye shut Obama congratulates Iraq on new government Fears grow of euro-style debt crisis in US states Europe airport chaos slammed as snow misery grows More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended US gets tough on shark fins Lunar eclipse makes memorable solstice Japan bio-scientists produce 'singing mouse' Brazil overtakes Germany as 4th biggest car market Autistic children lack visual skills: study More Most Viewed » NASA finds new form of life... on Earth Defiant Obama defends tax cuts, eyes 2012 More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Wednesday, 22 December 2010
Kindergarten near-miss highlights Gaza risks
Iraq approves new government with Maliki as PM
No IPO for Hulu for now: report
British PM slaps down business minister over Murdoch remarks
Egypt and Libya's vow to respect south Sudan vote
1.5 million Windows 7 phones sold in six weeks
US Fed extends dollar lifeline for central banks
Canada's TD Bank to buy Chrysler Financial for $6.3 bln
Iraq parliament gives Maliki govt stamp of approval
China state newspaper launches search engine
Japan telecom firm KDDI to start e-book distribution
Ivory Coast's Ouattara urges civil revolt
Two thirds of Holocaust victims now identified
Belarus jails more than 600 opposition activists |
S.Koreans tweeting with N.Korea to be punished: officials
British state borrowing hits record high: official
Foreign troop deaths in Afghan war top 700 in 2010
Quake hits southeast Japan, tsunami warning issued |
US-TECH Summary
News
WikiLeaks's Assange to publish memoirs: report
Strong quake hits northern Indonesia
U.S. targets Zimbabwe attorney general for sanctions |
Analysis: FCC plan feared stunting Internet TV services
Renegade ambush kills 20 south Sudan soldiers
China demands S.Korea pay for sunken fishing boat
Ulvac sees demand for small OLED panel gear
Jailed Iranian students start hunger strike
Nigerians evacuate Ivory Coast after embassy attack |
Cyprus delays online poker ban
Strong earthquake hits off southern Japan
Iraq parliament gives Maliki govt stamp of approval
Condoms still banned for birth control: Vatican |
Iraq parliament confirms Maliki as prime minister
Mexico's tequila refines its act
Spider-Man actor hurt in Broadway plunge
London stadium blaze postpones Kings of Leon gig
START appears to have support for U.S. Senate passage
News
Microsoft says 1.5 million Windows Phone 7s sold in 6 weeks |
Call of Duty: Black Ops sets record for Activision |
People can't live without high-speed Internet: poll |
News
Venezuela tightens Internet regulation |
Sprint CFO Bob Brust to retire, Qwest exec will replace him |
Apple TV sales expected to rise to 1 million
News Corp wins EU approval for BSkyB bid
Lindsay Lohan being investigated for battery |
Google eyes smaller players after Groupon-report
Kings of Leon cancel London show after fire |
Apple's iPad helps Israeli hospital treat patients
New York's Met determines Velazquez is authentic |
U.S. offers condolences, help after Iranian quake
South Korea army to hold huge drill, North silent |
Microsoft said to plan new Windows for tablets
Russia investigates Bank of Moscow over loan
Foreign troop deaths in Afghan war top 700 in 2010
Iraq approves new government with Maliki as PM |
Europe travel chaos eases but pain remains |
Ivory Coast's Gbagbo says world can review poll |
US Senate set to ratify Russia nuclear treaty
Warm Russian, Indian ties outlive Cold War |
Venezuela to make lawmakers vote with their parties |
Zsa Zsa Gabor's prince glues own eye shut
U.S. offers condolences, help after Iranian quake |
U.N. restores gay reference to violence measure |
Corruption "rampant" in Dominican Republic
Mass kidnap of migrants reported in Mexico |
Minimum and maximum temperatures in Celsius
U.S. targets Zimbabwe attorney general for sanctions
Divided FCC adopts Internet rules |
Analysis: Will Google follow Microsoft in EU probe? |
Microsoft said to plan new Windows for tablets |
Intel wins FTC clearance for McAfee deal |
News
Intel says FTC approves McAfee acquisition
Obama congratulates Iraq on new government
Fears grow of euro-style debt crisis in US states
Venezuela press freedoms under threat: analysts
Europe airport chaos slammed as snow misery grows
Intel wins FTC clearance for McAfee deal
Lunar eclipse makes memorable solstice
Tessera wins round in chip patent fight
Sprint CFO Bob Brust to retire, Qwest exec will replace him
News
"Call of Duty: Black Ops" sets record for Activision
ITC to take Motorola patent case against Microsoft
News
Avatar the most pirated film of 2010 |
Russia-US treaty clears last Senate test vote
Lucasfilm settles lawsuit over hiring practices
Gwyneth Paltrow finds Country Strong a struggle |
Parcel bomb found on Rome metro train
Little Fockers set to unseat Tron at box office |
Lindsay Lohan investigated for rehab attack |
Chris Brown proud he finished class on violence |
Spider-Man stuntman injured during show |
News
Velvet Revolver hoping to announce new singer soon |
Lindsay Lohan investigated for rehab attack
Larry David praises tax cuts for rich in NY Times |
Velvet Revolver hoping to announce new singer soon
Adoptive parents arrive in Haiti to fetch children
S.Korea to stage new live-fire drill near N.Korea border
News
"Avatar" the most pirated film of 2010
Larry David "praises" tax cuts for rich in NY Times
News
"Spider-Man" stuntman injured during show
'Call of Duty: Black Ops' sales top one billion dollars
Seoul shares hit 38-mth high on steelmakers, shipyards
N.Korea mounts propaganda drive to S.Korean companies
S.Korea to hike energy, minerals development by 2019
China urges North Korea to accept nuclear inspectors
Leonard Cohen inspires new scalping law in Canada
S.Korea to privatise KDB next yr, review Woori sale
Protests on last day of China envoy's Taiwan visit
S.Korean computer game addict accused of killing son
Bank of Japan holds rate steady, continues easing measures
Australia probes alleged navy drug ring
News
Pakistan
Former New Zealand PM denies Iraq troops-for-contracts claim
UK gov't hurt by business secretary's Murdoch attack
NZ current account deficit widens in Q3, but seen narrowing
US regulators approve 'net neutrality' rules
Seoul shares trade narrowly after touching 38-mth high
Seoul shares open up, Hyundai E&C shares jump
France, Germany tell nationals to leave Ivory Coast
India's Idea gives 3G network order to Nokia Siemens
France warns citizens as Ivorian crisis deepens |
News
Greeks protest before 2011 austerity budget vote |
News
News
Time honors AFP photographer for Afghan work
Biting winters driven by global warming: scientists
News
Activision seeks $400 million damages from EA
New Iraq cabinet starts work on 'enormous' challenges
Saudi king leaves hospital, TV shows him walking |
Sony on track to sell 15 million PS3s in 2010/11: exec
Saudi king leaves hospital, TV shows him walking
Pakistan, Iran jockey for influence after bombings |
News
Rio slums open for business as gangs ousted |
Dangdang to diversify from books, plans expansion
Afghan official blasts NATO for civilian deaths
Hague confirms tit-for-tat Moscow row
Afghan Taliban reject U.N. report on civilian deaths |
News
Deal reached on aircraft export credits: OECD
Activision seeks $400 million damages from EA |
Analysis: Europe seen needing regulation on Internet access |
News
Sony on track to sell 15 million PS3s in 2010/11: exec |
Malaysia bus crash kills 28, mostly Thais
China says Vatican criticism 'imprudent', 'dangerous'
Analysis: Federal scrutiny of HP-Hurd saga inevitable |
Medvedev wraps up India trade trip in Mumbai
Afghan parliament to convene Jan. 20
Red Hat outlook beats Wall Street view |
Pilot error likely cause of Nepal crash that killed 18 Bhutanese
Sony warns may fall short of LCD TV sales target
Obama spy's chief appears ignorant of British plot
News
"Tron" leads weak pack of newcomers at box office
Beatles' Abbey Road crossing wins protected status |
Taiwanese taekwondo player Yang Shu-chun banned for three months
Hyundai Motor may win bidder status for construction firm
Chinese film to star Christian Bale |
Punch a panda! Feel good!
JAL says bamboo wheelchairs to ease security checks
Jennifer Hudson Feeling Good about weight loss |
Pakistan to announce results of PIBs on Wednesday
China's Zhang says Bale to star in Nanjing project
S.Korea readies major military drill near tense border
Robert Gates is Man of Year at MTV college network |
'World's first' glasses-free 3D TV hits Japan stores
Zhang says Bale to start in Nanjing film
Asylum boat orphan relatives land in Australia
Tax concessions for Vietnam shipbuilder Vinashin
Facebook CEO meets with Sina during China holiday
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01