South Korea adds naphtha to key commodity list with multiple initiatives to address Middle East supply disruption risk

Recently, the South Korean government officially included naphtha in the list of key commodities to prevent the potential impact of the interruption of naphtha imports in the Middle East on the operation of the downstream industrial chain. According to the policy briefing issued by the Ministry of Trade, Industry and Energy of South Korea, naphtha has been temporarily designated as an economic security category, and the South Korean government has simultaneously launched a number of response measures, including expanding alternative import sources and implementing export controls.

As the largest importer of naphtha in Asia, South Korea imported 0.238 billion barrels of naphtha in 2025. Statistics from the Korean National Oil Company show that the country's naphtha import structure is highly dependent on the Middle East: about 24% of imports come from the UAE and about 13% from Qatar. Therefore, the impact of supply disruptions in the Middle East on the Korean naphtha industry chain is particularly prominent.

To hedge the risk of import disruptions, the South Korean government and private refiners are making every effort to ensure a stable supply of Australian condensate. Condensate, as an ultra-light crude oil, is the core raw material for naphtha production. At present, the market demand for Australian ultra-light crude oil from Asian refineries continues to be strong.

In addition, South Korea's Deputy Prime Minister of Economy and Minister of Planning and Finance presided over the 8th Supply Chain Stabilization Committee meeting and decided to establish a new "Middle East Impact Response Special Support Program" under the framework of the Supply Chain Stabilization Fund ". According to the plan, the South Korean government will provide a total of 1.5 trillion won of financial support to economic security related enterprises that are highly dependent on imports from the Middle East, as well as a preferential interest rate policy of up to 2.3 percentage points.

India to restart Tata Power Mundra coal power project to cope with summer power peak

India Multidimensionally Promoting Diversification of Energy Imports to Deal with the Situation in West Asia and Shipping Risks in the Strait of Hormuz

Quick inquiry

Create

Inquiry Sent

We will contact you soon

Manage Cookie Consent

South Korea adds naphtha to key commodity list with multiple initiatives to address Middle East supply disruption risk

India to restart Tata Power Mundra coal power project to cope with summer power peak

India Multidimensionally Promoting Diversification of Energy Imports to Deal with the Situation in West Asia and Shipping Risks in the Strait of Hormuz

Vietnam approves 2021-2030 ICT infrastructure plan

Micron's Gujarat plant in India is steadily advancing, and India is accelerating the layout of the global semiconductor industry chain.

Shandong Zhemei 80000 Tons of Optical Grade PMMA in One Drive

Indonesia's February 2026 ICP crude oil prices surge month-on-month, with multiple global factors driving oil prices higher

Saudi Aramco announces preparations for restarting the Rastanula refinery after it was shut down by Iranian drone strikes

With a total investment of 6.1 billion yuan, Zhongtian Hechuang's new project will be held, including acetic acid and vinyl acetate plants.

Turkey's exports were solid in February, with exports to Germany hitting a record high in February, with significant growth in automotive and other categories.

Turkey has completely abolished urea import tariffs, reshaping the regional fertilizer trade pattern and easing the pressure on spring farming supply.

The situation in the Middle East affects energy policy, Thailand adjusts oil export restrictions, and Laos strengthens fuel market supervision.

Lanzhou Petrochemical 23.17 billion Ethylene Transformation Project Pre-feasibility Study Passed: 1.2 million Tons of Cracking System Shaped, Western Chemical Pattern Reshaped

Ningxia 100000 tons of PVA project officially started: Northwest calcium carbide method low-cost advantage into the bureau, the regional supply pattern changed during the year.

The successful power reception of the dual substations of the PUSRI-IIIB project in Jugang, Indonesia, undertaken by the China Chemical Fifth Ring Project, helped the project to advance.

India plans to restart emergency directive to secure summer power supply as U. S.-Iran conflict causes seaborne coal prices to climb

South Korea's major petrochemical companies expand operating losses to 1.5 trillion won in 2025, industry restructuring still needs long-term progress

Singapore's Astor Chemical and Energy plans to complete key projects in the second half of 2026 to increase refining capacity and expand revenue streams

Yulong Petrochemical downstream project EIA publicity landing: 56 sets of devices, six raw material routes, hundreds of billions of domestic substitution wave speed up.

Performance differentiation under the recovery of the business climate: China's chemical energy six major sectors in-depth interpretation.

India exports aviation fuel to Europe for the first time after EU ban on Russia: Prudential Industries breaks down, supply chain compliance restructuring speeds up

Dushanzi Tarim Phase II Ethylene Project Speeds Up Test: 21.88 billion Super Plant Sprints into Production in 2026

Bohai Chemical 2.25 billion acrylate project core device feeding success: Beijing-Tianjin-Hebei regional supply pattern or structural remodeling.

India Multidimensionally Promoting Diversification of Energy Imports to Deal with the Situation in West Asia and Shipping Risks in the Strait of Hormuz

South Korea adds naphtha to key commodity list with multiple initiatives to address Middle East supply disruption risk

India to restart Tata Power Mundra coal power project to cope with summer power peak

China has become the world's largest MMA producer: rapid expansion of production capacity superimposed on geo-shocks, supply and demand patterns are being deeply reshaped.

India's anti-dumping announcement on China and Thailand's polyether polyols is rewritten.

World's Largest Coal-to-Ethylene Glycol Project Starts: 2.4 million Tons of New Capacity Locked in 2028, Ethylene Glycol Supply Pattern Deeply Reshaped Countdown

Yu energy chemical 150000 tons of kettle method EVA project officially started: directly hit the photovoltaic-grade import substitution core pain point, the northwest high-end production capacity pattern changed.

What is China's chemical industry chain bearing in this war? Or will it accelerate the structural transformation of China's chemical industry?

Phenol stabilizes after sharp rise and fall, geo-disturbance remains core variable

In-depth scanning of the performance of the seven major sectors of China's chemical industry: scarce resources and technical barriers are the real moat through the cycle.

Inquiry Sent

OK