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Essay heading: Kia In South Korea Porter's Diamond
 
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Issue: Business
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Date added: September 6, 1998
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No of pages / words: 8 / 2014
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Oil production is not viable. The only natural resources listed are coal, tungsten, graphite, molybdenum, and lead (Central Intelligence Agency: The World Factbook, 2008). Korea imports roughly 2.3 million bbl/day of crude oil, making it the ninth largest consumer of oil in the world (Country Analysis Briefs: South Korea, 2007)...
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Its consumption of Liquefied Natural Gas (LNG) was 22.1 million Metric Tons of LNG in 2005 (Country Analysis Briefs: South Korea, 2007). The third factor in the carbon based energy triad is coal. South Korea has a limited amount of coal reserves, but these reserves are of a low quality. In 2004, South Korea consumed 90...
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