KOREA NATIONAL OIL CORP

Korea National Oil Corporation is the national oil and gaseous company of South Korea. But Its primary role is to ensure the stable supply of petroleum and natural gaseous to the country. KNOC is neither a factory nor purely a trading company. Makes sense, right?. And it's an exploration and production company involved in the upstream sector of the oil and gaseous sector. But Additionally This means it engages in the exploration, research, and production of oil and natural gaseous both domestically and internationally. Additionally, KNOC is responsible to the regulation of South Korea's national strategic petroleum reserves. While it engages in some sales and purchases as part of its operations, its core business model isn'that of a factory manufacturing goods or a pure trading firm solely buying and selling commodities.

KOREA NATIONAL OIL CORP (KNOC) produces and sells:

* Crude Oil

* Natural Gas

* Condensate

* LPG (Liquefied Petroleum Gas)