Sunday, July 1, 2007

South Korea to Deliver Oil to North Korea Under Nuclear Dismantling Accord

(Bloomberg) -- The South Korean government agreed
to begin the delivery of 50,000 metric tons of heavy fuel oil to
North Korea within two weeks, as part of a nuclear dismantling
agreement, the South's Unification Ministry said.

The agreement came late yesterday, after two-days of
discussions with North Korean officials in the North's city of
Gaeseong, the ministry said in an e-mailed statement. South
Korea will deliver the oil via a sea route and complete it
within 20 days of the first ship's departure.


Read more at Bloomberg Energy News

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