North Korea (DPRK) · Regulatory
Crude oil in North Korea (DPRK)
Not tradeable by private parties
UN Security Council Resolutions 1718 (2006), 1874 (2009), 2270 (2016), 2321 (2016), 2371 (2017), 2375 (2017), 2397 (2017) impose comprehensive sanctions including petroleum-import quotas (refined-product cap 500,000 bbl/yr under 2397). All-Member-State obligation. HARD STOP.
Compiled regulatory guidance from OilFlow Network, not legal advice. Rules change; confirm with the relevant national regulator before structuring a deal.
Frequently asked
- Can private companies import Crude oil into North Korea (DPRK)?
- No. UN Security Council Resolutions 1718 (2006), 1874 (2009), 2270 (2016), 2321 (2016), 2371 (2017), 2375 (2017), 2397 (2017) impose comprehensive sanctions including petroleum-import quotas (refined-product cap 500,000 bbl/yr under 2397). All-Member-State obligation. HARD STOP.
- What license is typically required?
- UN Security Council Resolutions 1718 (2006), 1874 (2009), 2270 (2016), 2321 (2016), 2371 (2017), 2375 (2017), 2397 (2017) impose comprehensive sanctions including petroleum-import quotas (refined-product cap 500,000 bbl/yr under 2397). All-Member-State obligation. HARD STOP.
- Does OilFlow screen Crude oil counterparties against North Korea (DPRK) rules?
- Yes. The free /check screen and the Regulatory Matrix API both read this same rule row; a private Crude oil deal into North Korea (DPRK) is flagged automatically when this page says blocked or restricted.
Other products in North Korea (DPRK)
Before you structure a deal here
This rule is one row of the Regulatory Matrix API: 235 jurisdictions, product tradability, payment-term constraints, license requirements, from $99/mo. Got a live Crude oil deal into North Korea (DPRK)? Paste it and get a clearance verdict in under 30 seconds, before you spend weeks structuring it.