50 selected teams to each receive 2 million won ($1,350) in gas vouchers; program has supported 426 teams with 960 million won ($649,000) since 2018

S-OIL CEO Anwar Al-Hizazi. [S-OIL]
S-OIL CEO Anwar Al-Hizazi. [S-OIL]

By Park Hye-won, The Herald Business

S-OIL held a fuel support handover ceremony Sunday at Mangwon Hangang Park in Mapo-gu, Seoul, presenting 120 million won ($81,100) to the With Together Foundation for its youth food truck fuel assistance program.

The company is accepting applications from food truck operators under 45 years old nationwide. After a document review and on-site evaluation, 50 selected teams will each receive 2 million won ($1,350) in gas vouchers.

S-OIL has run the food truck fuel support program since 2018 to help create jobs for young people and support financial independence among vulnerable groups. Over nine years through this year, the program has provided a total of 960 million won ($649,000) in gas vouchers to 426 teams.

"We sincerely support the dreams of young entrepreneurs who keep their passion alive and push forward despite difficult circumstances," a company official said. "S-OIL will continue to be a company that practices ongoing giving."


klee@heraldcorp.com