VOL. XXXI
NO. 16
25-JANUARY-1988
NORTH YEMEN
First Shipment of North Yemeni Crude Arrives in South Korea
The first shipment of North Yemeni crude amounting to 350,000 barrels -representing equity and contract crude for four South Korean firms who are inpartnership with Hunt Oil in North Yemen's Marib-Jawf concession - arrived inSeoul on 20 January.
The four Korean firms, which hold a 24.5% equity interest in the Huntconcession, are Yukong with a 65% share, Hyundai (10%), the Korean OilDevelopment...
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