South Korea's oil security ambitions
Updated
South Korea imports 100 per cent of its crude oil needs and has a plan to reduce its vulnerability to oil shocks. The government is spending money, increasing energy diplomacy and looking for foreign partners in production and refining. South Korea's ambitions extend to the creation of a North Asian oil hub to rival Singapore's.
Presenter: Karon Snowdon
Speaker: Dr Kang Wu, Senior Fellow at the East West Centre in Hawaii.
