South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects ...Middle East

OILPRICE - Economy
South Korea Found to Have 14 Additional Offshore Oil and Gas Prospects
source : OILPRICE ( Middle East ) () 53
The U.S. geoscience exploration firm working in South Korea’s East Sea has discovered 14 additional oil and gas prospects in the area, South Korean officials said on Monday. U.S. exploration firm Act-Geo has said in a report to the Korea National Oil Corp. (KNOC) that it had detected these possible resources, the South Korean Yonhap news agency reported, quoting officials from KNOC and the Ministry of Trade, Industry and Energy. According to Act-Geo, 14 additional oil and gas prospects could be found in the East Sea, with potential deposits…

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