Page added on December 30, 2006
Korea said on Friday it will invest 355 billion won ($381.9 million) in 2007 to secure foreign energy reserves, more than doubling the amount from this year as part of its push to cut dependency on overseas production.
The amount is up 115 percent from this year’s 165 billion won investment, a statement by the Ministry of Commerce, Industry and Energy said.
Korea Herald
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