S Korea ranks 2nd largest investor in this sphere

11:53 - 31.08.2021


August 31, Fineko/abc.az. State financial institutions of South Korea, one of the largest economies in Asia, have invested more than $127 billion in global projects in the field of traditional fuels, especially oil and gas, over the past 10 years.

ABC.AZ reports that currently, the Korean Development Bank, the Export-Import Bank (KEXIM) and the Korean Trade Insurance Corporation are the largest sponsors of oil & gas projects.

Following the last 10 years S Korea has been the 2nd largest country investing in projects of this type after China.