North Korea brought refined oil to Nampo Port again… Diesel prices fall quickly

38 North, a US website specializing in North Korea, announced in April that “it is understood that construction of a new pier in the oil product storage area of ​​Nampo Port, which had been suspended since November of last year, has resumed.” / Photo = 38 North site capture.

North Korea is said to have imported refined oil from China again. Some insiders in North Korea say that the import of refined oil from China is expected to continue until the end of this year.

According to an insider inside Daily NK on the 9th, a large amount of refined oil was brought in through Nampo Port on the 1st and 2nd.

It has not been confirmed exactly how much refined oil was brought in this time, but it is said that it is not a small amount as the oil was brought in through four medium-sized ships.

The imported oil is intensively supplied to the military and munitions factories, and is expected to be used in some transportation sectors. In particular, some of the refined oil supplied to the military seems to have been used for the military parade on the day of the establishment of the North Korean regime (Section 9 and 9).

In the midst of this, there were also testimonies that most of the refined oil that came in through Nampo Port this time was diesel.

Sources explain that when refined oil is brought in from outside, it will be reflected in the market price within two to three days at least because some of it is supplied to any institution, either through a condensed milk supply station or illegally distributed on the market.

In fact, according to a survey conducted by this paper, diesel prices have shown a sudden drop in all parts of North Korea this month.

In fact, on the 6th, it was confirmed that diesel was traded at 3,600 won per kg in Pyongyang, 3,800 won in Sinuiju, and 3,800 won in Hyesan.

On the other hand, on the 6th, gasoline was traded at 7,000 won per kg in Pyongyang, 7,300 won in Sinuiju, and 7,500 won in Hyesan. have.

Meanwhile, with respect to the relatively steady import of refined oil from China this year, among North Korean officials, since North Korea and China have agreed to trade refined oil through some kind of under-the-hood agreement, it is expected that refined oil will continue to be imported at least until the end of this year. voice comes out

North Korea has agreed to provide mineral resources to China, and China has agreed to supply essential necessities and raw materials that North Korea needs, such as refined oil.

In particular, as the confrontation and conflict between the US and China and North Korea continues, close contact between North Korea and China is essential, so China’s support for North Korea is expected to continue.

Moreover, the internal political situation between North Korea and China is expected to accelerate the closeness between the two countries.

For North Korea, this year is the 110th year of Juche (the year of Juche with the year 1912 when Kim Il-sung was born) and it is the 10th year in power of Chairman Kim Jong-un. has

Therefore, strengthening relations with allies is expected to play an important role in internal politics as well.

In addition, North Korea is expected to hold a grand ceremony to celebrate the founding of the party on October 10, so sufficient amounts of refined oil are needed.

In the midst of this, the North Korean authorities are also showing a movement to stockpile some of the oil that has been continuously imported from China this year.

A source said, “There is an atmosphere that condensed milk should be stored in advance when imports are made smoothly.


Source: DailyNK by www.dailynk.com.

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