Is first Bakken crude about to head to South Korea?

June 1, 2016 6:36 PM

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Is first Bakken crude about to head to South Korea?

U.S.-based Continental Resources is seeking to sell Bakken crude oil to South Korea in a move being described as a major coup in the aftermath of the lifting of the U.S. crude oil export ban in January.

Continental Resources CEO Harold Hamm told an audience last week as an opener for a speech by Donald Trump that he had recently returned from South Korea where he was engaged in negotiations to deliver Bakken crude to the East Asian nation, Argus Media and National Gas Intelligence reported.

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