AIRLINK 71.00 Decreased By ▼ -2.06 (-2.82%)
BOP 4.97 Decreased By ▼ -0.12 (-2.36%)
CNERGY 4.33 Decreased By ▼ -0.04 (-0.92%)
DFML 31.60 Decreased By ▼ -0.85 (-2.62%)
DGKC 77.45 Increased By ▲ 1.96 (2.6%)
FCCL 19.80 Increased By ▲ 0.28 (1.43%)
FFBL 35.40 Decreased By ▼ -0.75 (-2.07%)
FFL 9.19 Decreased By ▼ -0.03 (-0.33%)
GGL 9.88 Increased By ▲ 0.03 (0.3%)
HBL 113.55 Decreased By ▼ -3.15 (-2.7%)
HUBC 133.05 Increased By ▲ 0.36 (0.27%)
HUMNL 7.01 Decreased By ▼ -0.09 (-1.27%)
KEL 4.39 Decreased By ▼ -0.02 (-0.45%)
KOSM 4.34 Decreased By ▼ -0.06 (-1.36%)
MLCF 36.95 Increased By ▲ 0.75 (2.07%)
OGDC 134.50 Increased By ▲ 1.00 (0.75%)
PAEL 22.65 Increased By ▲ 0.05 (0.22%)
PIAA 25.00 Decreased By ▼ -1.01 (-3.88%)
PIBTL 6.52 Decreased By ▼ -0.03 (-0.46%)
PPL 117.75 Increased By ▲ 2.44 (2.12%)
PRL 26.54 Decreased By ▼ -0.09 (-0.34%)
PTC 13.87 Decreased By ▼ -0.23 (-1.63%)
SEARL 52.70 Decreased By ▼ -0.75 (-1.4%)
SNGP 67.90 Increased By ▲ 0.65 (0.97%)
SSGC 10.60 Decreased By ▼ -0.10 (-0.93%)
TELE 8.55 Increased By ▲ 0.13 (1.54%)
TPLP 10.92 Increased By ▲ 0.17 (1.58%)
TRG 62.30 Decreased By ▼ -1.57 (-2.46%)
UNITY 25.17 Increased By ▲ 0.05 (0.2%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,458 Decreased By -3.1 (-0.04%)
BR30 24,194 Increased By 22.2 (0.09%)
KSE100 71,216 Increased By 113.4 (0.16%)
KSE30 23,426 Increased By 31.5 (0.13%)
World

Saudi crown prince seeks South Korea's help to bolster defences after attacks

South Korea is the world's fifth-largest crude oil importer and sources about 30% of its needs from Saudi Arabia.
Published September 18, 2019
  • South Korea is the world's fifth-largest crude oil importer and sources about 30% of its needs from Saudi Arabia.
  • Moon offered to assist reconstruction efforts, and the crown prince said two-thirds of the facilities have been restored.

SEOUL: Saudi Arabia's crown prince Mohammed bin Salman asked South Korea on Wednesday to help strengthen the country's air defence system after attacks on two oil plants, Seoul's presidential office said.

The request was made during a phone call with South Korean President Moon Jae-in, who expressed condolences over the damage from the attacks and support for a global fight against terrorism, Moon's office said.

Last weekend's attacks on the Saudi crude facilities initially halved the country's crude production, sending oil prices to four-month highs and prompting South Korea to consider releasing oil reserves.

South Korea is the world's fifth-largest crude oil importer and sources about 30% of its needs from Saudi Arabia.

Moon offered to assist reconstruction efforts, and the crown prince said two-thirds of the facilities have been restored and that production will be put back on track "100%" within 10 days, Moon's office said.

"He requested help to establish an anti-aircraft defence system to prevent future attacks," it said in a statement.

 

Comments

Comments are closed.