November 03, 2010 09:48
An oil pipeline operated by Korea National Oil Corp. was blown up in an apparent terrorist attack in southern Yemen on Tuesday. Citing a local official, Reuters reported that the explosion took place at 8 a.m. and traces of time bombs were found.
Armed members of an al-Qaeda linked Islamic terrorist group were spotted in the site of great explosion, a stretch of pipelines 2 km south of the city of Ataq, Xinhua reported.
A Korean Embassy official in Yemen told the Chosun Ilbo, "The involvement of al-Qaeda has not been confirmed yet. There were bombings of oil pipelines last year and April this year. What is certain is that someone blew it up intentionally, but because there are many lawless tribes, further investigation is necessary to ascertain who did it and why."
Yemen has been more frequently appearing in the headlines as a group calling itself al-Qaeda in the Arabian Peninsula is believed to be behind a recently foiled attempt to blow up cargo planes with parcel bombs.
KNOC acquired 50 percent of an oil exploration region in southern Yemen in 2007 by investing US$81 million with Hyundai Heavy Industries and Hanwha Corporation. Drilling started in 2007, but the oil reserve is less than expected.
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