Ready for oil
December 24, 2008
Workers walk through an underground oil bunker yesterday in Yeosu, South Jeolla. Korea National Oil Corp. announced it has completed the world’s largest oil bunker, which can hold 49.7 million barrels of oil. This is roughly enough to meet Korea’s oil needs for 23 days. Until now, an oil bunker in Geoje was the lar-gest in the world with a storage capacity of 47.5 million barrel. The government hopes the Yeosu bunker will serve as a North Asian storage hub.[YONHAP]

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