Heavy oil usage firms devise consumption reduction plan amid supply disruptions | Yonhap News Agency

## Summary
OK SEOUL, April 3 (Yonhap) -- Fifteen companies with heavy petroleum consumption have agreed to reduce their annual consumption of oil by 956,000 barrels to join South Korea's ongoing energy-saving efforts, officials said Friday. Earlier this week, the government raised its resource security crisis alert by a notch to Level 3, the second-highest level in South Korea's four-tier crisis warning system, as the country is beginning to see physical disruptions in oil supplies amid the persisting geopolitical conflict in the Middle East. This file photo shows a petrochemical industrial complex in the southwestern city of Yeosu on March 26, 2026. (Yonhap) nyway@yna.co.kr (END) Related Articles Gov't to prepare more measures to ease consumption strain amid Mideast tensions: finance chief (LEAD) Gov't to introduce crude oil swap system with private companies for supply stabilization (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices Gov't raises energy disruption alert to second-highest level (LEAD) Gov't expands vehicle rotation system to 2-day scheme in public sector Keywords #supply disruption #oil Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (LEAD) S. Korea N.K. leader inspects service facilities at new housing area prev Heavy oil usage firms devise consumption reduction plan amid supply disruptions Next Heavy oil usage firms devise consumption reduction plan amid supply disruptions

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SEOUL, April 3 (Yonhap) -- Fifteen companies with heavy petroleum consumption have agreed to reduce their annual consumption of oil by 956,000 barrels to join South Korea's ongoing energy-saving efforts, officials said Friday.
The companies announced their plan during a meeting with the Ministry of Climate, Energy and Environment held to discuss ways to reduce industrial energy consumption, which accounts for around 60 percent of the country's total energy consumption, according to the ministry officials.
The companies said they will cut their combined energy consumption by 610,000 tons of oil equivalent (TOE), which corresponds to 1.73 percent of their energy use in 2024.
They also plan to annually cut combined petroleum consumption by 130,000 TOE, an amount equivalent to approximately 956,000 barrels of oil.
Earlier this week, the government raised its resource security crisis alert by a notch to Level 3, the second-highest level in South Korea's four-tier crisis warning system, as the country is beginning to see physical disruptions in oil supplies amid the persisting geopolitical conflict in the Middle East.
This file photo shows a petrochemical industrial complex in the southwestern city of Yeosu on March 26, 2026. (Yonhap)
nyway@yna.co.kr
(END)
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Heavy oil usage firms devise consumption reduction plan amid supply disruptions

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## Expert Analysis

### Merits
N/A

### Areas for Consideration
- This file photo shows a petrochemical industrial complex in the southwestern city of Yeosu on March 26, 2026. (Yonhap) nyway@yna.co.kr (END) Related Articles Gov't to prepare more measures to ease consumption strain amid Mideast tensions: finance chief (LEAD) Gov't to introduce crude oil swap system with private companies for supply stabilization (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices Gov't raises energy disruption alert to second-highest level (LEAD) Gov't expands vehicle rotation system to 2-day scheme in public sector Keywords #supply disruption #oil Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (LEAD) S.

### Implications
- The companies said they will cut their combined energy consumption by 610,000 tons of oil equivalent (TOE), which corresponds to 1.73 percent of their energy use in 2024.
- This file photo shows a petrochemical industrial complex in the southwestern city of Yeosu on March 26, 2026. (Yonhap) nyway@yna.co.kr (END) Related Articles Gov't to prepare more measures to ease consumption strain amid Mideast tensions: finance chief (LEAD) Gov't to introduce crude oil swap system with private companies for supply stabilization (LEAD) Lee urges cooperation on energy-saving efforts, pledging no change in electricity prices Gov't raises energy disruption alert to second-highest level (LEAD) Gov't expands vehicle rotation system to 2-day scheme in public sector Keywords #supply disruption #oil Articles with issue keywords Most Liked Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' (LEAD) BTS scores 7th No. 1 album on Billboard 200 with 'Arirang' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (URGENT) BTS earns 7th No. 1 song on the Billboard singles chart with 'Swim' Most Saved Oscar-winning 'KPop Demon Hunters' directors promise 'bigger,' more 'eventful' sequel Paik Kun-woo, at 80, says 'Music chose me' Liberal ex-prime minister to declare mayoral bid in conservative stronghold (LEAD) S.
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### Expert Commentary
This article covers lead, consumption, oil topics. Areas of concern are also raised. Readability: Flesch-Kincaid grade 0.0. Word count: 518.