[KH Explains] Has South Korea really struck oil?
The South Korean government is making headlines with claims of potentially substantial oil and natural gas reserves discovered off its southeastern coast, near Pohang's Yeongil Bay. If confirmed, this discovery could elevate Korea’s status as an oil-producing nation. However, transitioning from finding these reserves to harnessing them is a complex journey. Here, we address the key questions surrounding this development. What is the basis of the government's claim? In February
June 4, 2024