S.Korea SK Energy imports 10-15 pct of crude from Iran -parent

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"Import volumes from Iran will not change much (in the short term) as we have not yet decided how much we will cut. Against possible cuts in imports, we are securing alternative crude and setting up supply plans," a senior official at SK Innovation told analysts.

SK Innovation fully owns SK Energy, which has a refining capacity of 1.115 million barrels per day.

Of four Korean refiners, the largest SK Energy and the smallest Hyundai Oilbank increased the volume of Iranian crude purchases under annual contracts this year to 200,000 barrels per day (bpd) - 130,000 bpd by SK Energy and 70,000 bpd by Hyundai Oilbank - from around 190,000 bpd in 2011.

(Reporting by Meeyoung Cho; Editing by Jonathan Hopfner)

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