Oil and Gas News from OilGasDaily.Com  
OIL AND GAS
UN to vote on new N.Korea sanctions targeting oil
By Carole LANDRY
United Nations, United States (AFP) Dec 21, 2017


The UN Security Council will vote Friday on a US-drafted resolution ramping up sanctions on North Korea by restricting oil supplies vital for Pyongyang's missile and nuclear programs.

The United States has been in negotiations with China, Pyongyang's ally, on slapping new sanctions in response to the November 28 test of an intercontinental ballistic missile (ICBM).

The vote is scheduled for 1:00 pm (1800 GMT), diplomats said.

Building on previous sanctions resolutions, the new draft tightens restrictions on crude and refined oil deliveries to North Korea, most of which are supplied by China.

The measure would ban the supply of nearly 90 percent of refined oil products to North Korea and order the repatriation of all North Korean nationals working abroad within 12 months, according to the text obtained by AFP.

US President Donald Trump asked Chinese President Xi Jinping last month to cut off oil to North Korea, a move that would deal a crippling blow to its desperately struggling economy.

Tens of thousands of North Koreans have been sent to Russia and China to earn hard currency for Pyongyang, working in what UN rights officials have described as "slave-like conditions."

The draft resolution would cap crude oil supplies to four million barrels per year and require countries to seek UN permission to ship crude to North Korea.

Deliveries of refined petroleum products including diesel and kerosene would be capped at 500,000 barrels for next year, according to the measure that would order all countries to report their shipments to the United Nations.

Since last year, North Korea has carried out a nuclear test -- its sixth -- and a series of advanced missile launches which are banned under UN resolutions.

- Seizing ships -

The measure would expand a list of banned exports from North Korea to include food products, machinery, electrical equipment, earth and stone including magnesite and magnesia, wood and vessels.

All countries would be authorized to seize, inspect, freeze and impound ships suspected of carrying illegal cargo to and from North Korea, according to the proposed measure.

A total of 19 North Korean officials, most of whom work in banking, would be added to the UN sanctions blacklist along with the North Korean ministry of the people's armed forces, which manages logistics for the army.

The United States has led the drive at the Security Council to tighten sanctions that are aimed at pressuring Kim Jong-Un's regime to come to the negotiating table.

Last week, US Secretary of State Rex Tillerson told the council that the "pressure campaign must and will continue until denuclearization is achieved" as he backtracked from his offer to hold unconditional talks with Pyongyang.

In negotiations on previous sanctions, the United States has first agreed with China on provisions of each resolution before presenting the text to the full 15-member council, which has then quickly voted.

So far, the Security Council has imposed a full ban on supplies of condensates and natural gas liquids to North Korea, capped deliveries of refined oil products to two million barrels a year, and capped crude oil exports at current levels.

The council has also banned exports of North Korean coal, iron, lead, textiles and seafood, restricted joint ventures and ended the hiring of North Korean workers abroad.

The United States separately asked the council to blacklist 10 ships, including two Hong Kong-flagged vessels, for carrying banned cargo from North Korea.

China however raised objections at those sanctions and the request to ban the 10 ships from ports worldwide will again be considered on December 28.

The request targets the Hong Kong-flagged oil tanker Lighthouse Winmore, the Palau-flagged oil tanker Billions No. 18, the cargo carrier Xin Sheng Hai from Belize and the Hong Kong-flagged cargo ship Kai Xiang.

Two North Korean cargo vessels, Ul Ji Bong 6 and Rung Ra 2 along with two North Korean oil tankers Sam Jong 2 and Rye Song Gang 1 are on the proposed blacklist as are the Chinese tugboat Yu Yuan and the Glory Hope 1 (also known as Orient Shenyu), a Panama-flagged cargo ship.

OIL AND GAS
Asphalt-based filters sequester greenhouse gas at wellhead
Houston TX (SPX) Dec 19, 2017
Rice University scientists have found a way to make their asphalt-based sorbents better at capturing carbon dioxide from gas wells: Just add water. The Rice lab of chemist James Tour discovered that treating grains of inexpensive Gilsonite asphalt with water allows the material to adsorb more than two times its weight in the greenhouse gas. The treated asphalt selects carbon dioxide over v ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Microbes help turn Greek yogurt waste into fuel

Algae could feed and fuel planet with aid of new high-tech tool

NREL develops novel method to produce renewable acrylonitrile

Bristol scientists turn beer into fuel

OIL AND GAS
India faces painful move to cleaner energy

U.S. solar power group says it sees headwinds ahead

Global solar photovoltaic installations to exceed 100 Gigawatts in 2018

Guanidinium stabilizes perovskite solar cells at 19 percent efficiency

OIL AND GAS
Oil-rich Alberta sees momentum for wind energy

Construction to start on $160 million Kennedy Energy Park in North Queensland

U.S. wind turbines getting taller and more efficient

New wind farm in service off the British coast

OIL AND GAS
Defects found at China nuclear reactor project

Australian waste treatment technology plays major role in management of radioactive waste

Bruce Power Contracts Major Industry Suppliers for Steam Generator Replacement Project

Mainz physicists propose a new method for monitoring nuclear waste

OIL AND GAS
BHP defends climate positions and Paris support

'We're losing the battle', Macron tells Paris climate talks

France's nuanced record fighting climate change

Investors turn back on fossil fuels at Paris climate summit

OIL AND GAS
Chinese auto giant to end petrol vehicle sales by 2025

UPS orders 125 all-electric trucks from Tesla

German rail operator, army seek damages over truck cartel

Denmark sets milestone for EV charges

OIL AND GAS
UN voices alarm at clashes, house burnings in disputed Iraqi city

Iraq hangs 38 members of IS, Qaeda; 20 IS killed in southern Syria

Iraq holds military parade to celebrate victory over IS

Hashed al-Shaabi: controversial force on Iraq's front lines

OIL AND GAS
N. Korea weapons 'sprint' revives spectre of nuclear exchange

US envoy says 'real dialogue' needed with N. Korea

Canada, US to host N. Korea crisis talks in January

Mattis emphasizes diplomacy in dealing with Iran









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.