Isn't the Pohang Yeongilman oil boom a big deal?

Isn't the Pohang Yeongilman oil boom a big deal?

President Yoon believes there is a high possibility that oil is stored in Pohang Yeongilman.

The results of the physical exploration have been announced.

President Yoon visited the Yongsan Presidential Office briefing room today to the Ministry of Trade, Industry, and Energy.

It has been approved to proceed with exploration drilling plans for domestic deep-sea oil and gas fields.

Recently, approximately 14 billion barrels of oil and gas

The results indicate a very high likelihood that it is stored, and it has also been verified by leading research institutions and experts. This is more than 300 times the size of the Donghae gas field discovered in the late 1990s, and it is estimated that the entire country could use natural gas for up to 29 years and oil for up to 4 years.

It was said that once the oil drilling operation begins at Pohang Yeongilman, some results will be available by the first half of next year.

The public was asked to watch the results of the Pohang Yeongilman oil project.

President Yoon said that five oil drilling rigs need to be drilled in the Pohang Yeongilman area, and each one costs over 1 billion won.