Wednesday 8 February 2012

UPDATE 1-S.Korea says Saudi Arabia ready to consider additional crude supplies | Energy & Oil | Reuters

South Korea's presidential office said in a statement on Wednesday that Saudi Arabia would "actively consider" support including additional crude supplies if requested by Seoul, as it looks for alternatives to Iranian oil.

The remarks came in a meeting between Saudi Arabia Oil Minister Ali al-Naimi and South Korean President Lee Myung-bak.

"President Lee requested stable crude supply to South Korea in the event of an emergency, and Minister Naimi responded that Saudi Arabia would actively consider support including additional supply if South Korea requests," the statement said.

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