South Korea’s Energy Map Shifts as Oil and LNG Reliance on Middle East Falls

South Korea’s energy import map is changing as the prolonged war in the Middle East increases uncertainty over global energy supply and demand. The country’s reliance on Middle Eastern energy, including oil and LNG, has recently fallen sharply. The shift has emerged as instability in the Middle East highlights energy security risks. However, analysts say this trend must be linked to longer-term structural improvement rather than remain a temporary adjustment. That requires optimizing refining facilities and improving the import structure. Diversifying energy procurement can help reduce supply shocks, but it must be supported by facilities and operating systems across the industry. Source: mk.co.kr