Energy saving plan proposed

Alarmed by surging oil prices, the Korean government said yesterday it will announce compulsory energy-saving measures that include restrictions and mandatory holidays in the service industries if prices rise further.

At a meeting with the governing Uri Party, the Ministry of Commerce, Industry and Energy shared plans to combat worsening oil supply conditions. The ministry said it devised plans based on an early warning program for petroleum supply, adopted at the start of this year. The program allows the government to restrict the nation’s energy consumption.

JoongAng Daily