Algeria Leads Naphtha Supply to Korea

Algeria ranked first as a supplier of oil to South Korea in the first half of 2026, accounting for over 17% of the country's imports, with a continuous increase from 12.9% in 2024 to 17.2% in 2026. Naphtha, a primary raw material in South Korea's petrochemical industry, is one of the fuel products that Korea relies upon. South Korea has confirmed its readiness to strengthen economic cooperation with Algeria, especially in the energy sector, focusing on Algeria's strategic geographic location and its capabilities in oil and export industries.

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