South Korea’s diesel and gasoline consumption likely fell in 2018 for the first time in several years as the government’s cleaner energy initiatives gathered pace — and a forecast surge in domestic electric vehicle production in coming years could pave the way for that downtrend to become a protracted one. Receive daily email alerts, subscriber notes & personalize your experience. Register Now South Korea consumed 151.95 million barrels of diesel over January-November last year, down 1.4% from 154.03 million barrels a year earlier, latest data from state-run Korea National Oil Corp showed. Gasoline consumption edged down 0.1% over the same period to 72.79 million barrels, the data showed. KNOC is due to release December and January-December data later this month; industry officials and local energy market analysts expect it will show the country’s consumption of auto fuels fell for the first time in at least seven years. […]