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kbs En - 2 month ago

KNOC Confirms 1 of 7 Potential Oil and Gas Deposits in East Sea as Uneconomic

[Economy] :
The Korea National Oil Corporation (KNOC) announced Sunday that one of seven potential oil and gas deposits in the East Sea has been deemed economically unviable. Following months of analysis, the corporation concluded that the so-called Blue Whale structure contains no retrievable gas and will not ...

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