{"id":52,"date":"2013-01-11T15:24:18","date_gmt":"2013-01-11T06:24:18","guid":{"rendered":"http:\/\/211.193.203.141\/en\/?page_id=52"},"modified":"2018-07-10T14:02:11","modified_gmt":"2018-07-10T05:02:11","slug":"natural-resources","status":"publish","type":"page","link":"http:\/\/www.hyundaicorp.com\/en\/business\/natural-resources\/","title":{"rendered":"Natural Resources"},"content":{"rendered":"<div class=\"biz_sub\">\n<p class=\"txt_point\">Based on over 30 years\u2019 abundant business experiences in coal, oil and gas fields, Hyundai Corporation will positively promote the exploration and the development of promising energy and mineral resources.<\/p>\n<div class=\"page_slide\">\n<ul>\n<li><img decoding=\"async\" alt=\"Slide Image 1\" src=\"\/en\/wp-content\/uploads\/2013\/05\/img2_12-1.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"Slide Image 2\" src=\"\/en\/wp-content\/uploads\/2013\/05\/img2_12-4.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"Slide Image 3\" src=\"\/en\/wp-content\/uploads\/2013\/05\/img2_12-3.jpg\" \/><\/li>\n<\/ul>\n<div class=\"btn_group\"><span class=\"btn_prev\">prev<\/span><span class=\"btn_next\">next<\/span><\/div>\n<\/div>\n<div class=\"tab\" id=\"tabSlide\">\n<ul class=\"tab_head three\">\n<li class=\"tab_tit tab1 active\"><a>Business Overview<\/a><span class=\"bg_arrow\">active<\/span><\/li>\n<li class=\"tab_tit tab2\"><a>Coal\u30fbPetroleum<\/a><span class=\"bg_arrow\">active<\/span><\/li>\n<li class=\"tab_tit tab3\"><a>Natural Gas<\/a><span class=\"bg_arrow\">active<\/span><\/li>\n<p>\t<!--\n\n<li class=\"tab_tit tab4\"><a>Hyundai Energy and Resources<\/a><span class=\"bg_arrow\">active<\/span><\/li>\n\n-->\n<\/ul>\n<dl class=\"tab_con tab1_con\">\n<dt class=\"hide\">Business Overview<\/dt>\n<dd class=\"col_wrap\">\n<div class=\"cols col_25 first\"><img decoding=\"async\" alt=\"NATURAL RESOURCES\" src=\"\/en\/wp-content\/uploads\/2013\/04\/txt_tab_nr.png\" \/><img decoding=\"async\" alt=\"NATURAL RESOURCES Image\" src=\"\/en\/wp-content\/uploads\/2013\/04\/ico_2-12.png\" \/><\/div>\n<div class=\"cols col_45\">Hyundai Corporation has an excellent record of successfully investing in the development of energy and resources such as coal, oil and gas. The bituminous coal mining project in Drayton, Australia in 1981, which was the first overseas resource development project by a Korean company, the oilfield development project in Marib, Yemen, the LNG development project in Oman and Qatar, and the sea mining project in 11-2 Mine Lot in Vietnam are some of the few major projects developed by Hyundai Corporation. <span class=\"br\"><br \/>\nIn April, 2011, Hyundai Corporation, Hyundai Heavy Industries, Hyundai Mipo Dockyard, and Hyundai Oil Bank established Hyundai Energy and Resources Co., Ltd, which specializes in the natural resources development business. Utilizing our over 30 years of business experience, we will continue to promote the exploration and the development of energy and mineral resources.<\/span><\/p>\n<\/div>\n<ul class=\"cols col_25 last photo_list\">\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr1.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr2.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr4.jpg\" \/><\/li>\n<\/ul>\n<\/dd>\n<\/dl>\n<dl class=\"tab_con tab1_con\">\n<dt class=\"hide\">Coal\u30fbPetroleum<\/dt>\n<dd class=\"col_wrap\">\n<div class=\"cols col_25 first\"><img decoding=\"async\" alt=\"NATURAL RESOURCES\" src=\"\/en\/wp-content\/uploads\/2013\/04\/txt_tab_nr.png\" \/><img decoding=\"async\" alt=\"NATURAL RESOURCES Image\" src=\"\/wp-content\/uploads\/2013\/04\/ico_2-12.png\" \/><\/div>\n<div class=\"cols col_45\">\n<p>Australia Drayton bituminous coal mine development project, which Hyundai Corporation participated with 2.5% share in 1979 as the first overseas resources development project in Korea, is producing about 5 million tons of bituminous coal a year until now from 1983, and it is evaluated as a successful project that contributed greatly to the stabilization of the Korea coal supply for the last 30 years. Currently we are carrying out Drayton south bituminous coal exploration near Drayton coal mine.<\/p>\n<p><span class=\"br\">Yemen Marib Oilfield, which we participated with Korea National Oil Corporation, SK, Samhwan Corporation, etc., with 2.45% share in 1984, is a mega oilfield with 1 billion barrel of deposit, and it has been assessed as the most successful project among Korea\u2019s petroleum development projects. Hyundai Corporation also participated in the petroleum development project in Libya with a large scale deposit found in 1999 and achieved a big profit by selling the shares afterwards.<\/span><\/p>\n<\/div>\n<ul class=\"cols col_25 last photo_list\">\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr1.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr2.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr4.jpg\" \/><\/li>\n<\/ul>\n<\/dd>\n<\/dl>\n<dl class=\"tab_con tab1_con\">\n<dt class=\"hide\">Natural Gas<\/dt>\n<dd class=\"col_wrap natural_3\">\n<div class=\"cols col_25 first\"><img decoding=\"async\" alt=\"NATURAL RESOURCES\" src=\"\/en\/wp-content\/uploads\/2013\/04\/txt_tab_nr.png\" \/><img decoding=\"async\" alt=\"NATURAL RESOURCES Image\" src=\"\/wp-content\/uploads\/2013\/04\/ico_2-12.png\" \/><\/div>\n<div class=\"cols col_45\">Hyundai Corporation continuously participated in overseas natural gas supply projects, and we are now participating in 4 regions such as Oman(1%), Qatar(0.4%), Vietnam(4.9%), and Yemen(3%). Among these regions, LNG projects of Qatar and Yemen which started the production in 1999 and 2000 respectively started to pay dividend and we secured a high dividend income for 20 years.<span class=\"br\">For the PNG of Vietnam 11-2 sea mine, which we participated in 1992 and discovered commercially developable gas, we made a sales contract with Vietnam government until 2028, and the domestic sales in Vietnam is going well. Also, Yemen LNG, which we participated in 1998, is a project of producing and selling LNG of 6.9 million ton natural gas per year developed in Yemen central part Marib region, and the first commercial production started in Aug. 2009.<\/span><\/div>\n<ul class=\"cols col_25 last photo_list\">\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr1.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr2.jpg\" \/><\/li>\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr4.jpg\" \/><\/li>\n<\/ul>\n<\/dd>\n<\/dl>\n<p><!--\n\n<dl class=\"tab_con tab1_con\">\n\n<dt class=\"hide\">Hyundai Energy and Resources<\/dt>\n\n\n\n<dd class=\"col_wrap natural_4\">\n\n\n<div class=\"cols col_25 first\"><img decoding=\"async\" alt=\"NATURAL RESOURCES\" src=\"\/en\/wp-content\/uploads\/2013\/04\/txt_tab_nr.png\" \/><img decoding=\"async\" alt=\"NATURAL RESOURCES Image\" src=\"\/wp-content\/uploads\/2013\/04\/ico_2-12.png\" \/><\/div>\n\n\n\n\n<div class=\"cols col_45\">\n\nHyundai Corporation established and launched a resources development specialized company, \u2018Hyundai Energy &amp; Resources Co., Ltd.\u2019, of Hyundai Heavy Industries Group in Apr. 2011, to vitalize resource development projects and to expand full level new investments. Hyundai Energy &amp; Resources Co., Ltd. will be entrusted with and run the existing resources of Hyundai Corporation and Hyundai Heavy Industries and will be in charge of the new investments related to all overseas resource development projects of the group such as petroleum, gas, coal, bio fuel, mineral, farm operations, and forest developments, etc.\n\n<\/div>\n\n\n\n\n<ul class=\"cols col_25 last photo_list\">\n\t\n\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr1.jpg\" \/><\/li>\n\n\n\t\n\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr2.jpg\" \/><\/li>\n\n\n\t\n\n<li><img decoding=\"async\" alt=\"\" src=\"\/en\/wp-content\/uploads\/2013\/01\/img_nr4.jpg\" \/><\/li>\n\n\n<\/ul>\n\n\n<\/dd>\n\n<\/dl>\n\n-->\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Based on over 30 years\u2019 abundant business experiences in coal, oil and gas fields, Hyundai Corporation will positively promote the exploration and the development of promising energy and mineral resources. prevnext Business Overviewactive Coal\u30fbPetroleumactive Natural Gasactive Business Overview Hyundai Corporation has an excellent record of successfully investing in the development of energy and resources such<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":7,"menu_order":11,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-52","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/pages\/52","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/comments?post=52"}],"version-history":[{"count":4,"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/pages\/52\/revisions"}],"predecessor-version":[{"id":5671,"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/pages\/52\/revisions\/5671"}],"up":[{"embeddable":true,"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/pages\/7"}],"wp:attachment":[{"href":"http:\/\/www.hyundaicorp.com\/en\/wp-json\/wp\/v2\/media?parent=52"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}