Global Trade Alert
Global Trade Alert

Republic of Korea: Eximbank announced a USD 1.5 billion support for Korea National Oil Corporation

Announcement

16 Apr 2026

In April 2026, the Export-Import Bank of Korea announced a USD 1.5 billion support for the Korea National Oil Corporation to proactively secure the liquidity needed in times of crisis.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Apr 2026

Revocation date:

No revocation date

Updated: 17 Apr 2026
State aid, unspecified In force

Recent update from 17 Apr 2026:

On 16 April 2026, the Export-Import Bank of Korea announced that it would provide USD 1.5 billion to the Korea National Oil Corporation. The support is co-financed by the Korea Development Bank for...

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