Rising energy demand pulls up S Korea's industrial power sales in July

• Source: Xinhua
• [13:39 August 17 2009]
• Comments

South Korea's industrial power sales inched up on year in July with an increase in demand from the oil refining and shipbuilding industries, the government said Monday.

According to the Ministry of Knowledge, the nation's industrial power sales inched up 0.8 percent on year in July, with those to oil refineries and shipyards rising 5.5 percent and 6.7 percent, respectively.

Industrial power purchase of semiconductor and machinery manufacturers also expanded 3.5 percent and 1.3 percent year-on-year, the ministry said.

The ministry pointed out that a rise in demand by energy-concentrated industries pulled up power consumption in July.

Meanwhile, the nation's industrial electricity output remained still at the previous year's level during the first six months of the year, the ministry added.