Pictured above (Google Earth): The Victory (Sungri) Refinery in Rason, North Korea. UPDATE 2 (2016-3-25): NK News reports that HBOil refutes the claim in the Joong Ang Daily: “HBOil JSC … hereby refutes the South Korean publication known as ‘KOREA JOONGANG DAILY’, for irresponsible reporting and dissemination of erroneous news on 23 March 2016; asserting … Continue reading Mongolian HBOil invests in Sungri petroleum refinery