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SK Energy, SK Innovation and Korea National Oil Corp renewed a petroleum joint-purchasing contract covering domestic supply nationwide. The contract runs from Oct. 1, 2026 to Sept. 30, 2027 and is linked to international oil markets.
The renewed joint petroleum procurement contract runs from Oct. 1, 2026 to Sept. 30, 2027. The value equals 5.62% of FY2025 consolidated revenue and may vary with oil prices, volumes, pricing and exchange rates.