Arab Today, arab today s korea\s gasoline prices jump 128 pct in 2011
Last Updated : GMT 18:48:03
Arab Today, arab today
Arab Today, arab today

S. Korea\'s gasoline prices jump 12.8 pct in 2011

Arab Today, arab today

Arab Today, arab today S. Korea\'s gasoline prices jump 12.8 pct in 2011

Seoul - Yonhap

South Korea\'s average gasoline price surged 12.8 percent on-year in 2011, fueled by a sharp rise in crude import costs, a state-run oil company said Wednesday. The Korea National Oil Corp. (KNOC) said a liter of gasoline cost consumers a little over 1,929 won (US$1.68) last year, up from an average of 1,710 won in 2010. In 2010, the average gasoline price rose 6.85 percent from 1,600 won per liter tallied in 2009.

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