SK Energy sees crude imports at $45-$55/bbl in '09
Write:
Uwain [2011-05-20]
SEOUL, Jan 22 - SK Energy (096770.KS), South Korea's top refiner, said on Thursday it expected crude oil import costs in 2009 to average $45-$55 a barrel, down from $93.60 a barrel in 2008.
The refiner also expects the South Korean won to average 1,300 against the dollar this year, compared to an average of 1,096 last year.
SK Energy said it plans to spend 1 trillion-2 trillion won ($729.5 million) capex this year, in line with the 1.76 trillion won spent in 2008.