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PROJECT | Staff Reporter, Korea
Published: 21 Dec 11
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S.Korea activates emergency energy plan

S.Korea activates emergency energy plan

The country plans to secure energy installations as the death of North Korean leader Kim Jong-il raised fears over what would happen next in the reclusive state.

Reliant entirely on imports for meeting energy requirements that feed some of the world's biggest companies such as Hyundai Motor Co and Samsung Electronics, South Korea activated the drill late on Monday, says a Reuters report.

It involves keeping staff on high alert and preparing to cope with any damage to facilities.

The country has 3.42 million tonnes of LNG in storage, 92 percent of capacity and enough to cover demand until the end of February, the ministry of knowledge economy said in a statement on Monday.

Read more here.

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Tags: South Korea energy plan, South Korea energy plants, Hyundai Motor Co, Samsung Electronics

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