SOUTH KOREA INCREASES DUTY ON CRUDE IMPORTS
South Korea has increased its duty on crude
oil imports to 4.29 dlrs a barrel from 3.29 dlrs, effective
today, the energy ministry said.
    The duty, to raise funds for special energy projects, was
adjusted after average crude import prices rose to 16.85 dlrs a
barrel in April, from 16.65 dlrs in March and 13.08 dlrs in
April 1986, ministry officials said.
    A separate 24.5 pct import tax on crude oil is unchanged.
 REUTER
