New statistics have shown the South Korean government has raised more than $24 billion (€17.3 billion) in petroleum-related tax revenues.
The data, which was released by the National Tax Service and the Korea Customs Office on 14 March 2011, has received criticism from the public who are demanding the government lowers taxes on petrol and diesel.
The petroleum tax-related funds made up 13.2% of all tax income in 2009 in a country where 97% of its energy comes from other nations.
In 2009 alone the company shipped and trucked in more than 840 million barrels of crude oil, in which those importing the petrochemicals were slugged with 3% import duties and a 10% fossil fuel tax. Throughout the refining and sale process, more taxes were also added.