Sea for potential oil, gas reserves

Sea for potential oil, gas reserves

This photo shows the sea off Yeongil Bay in Pohang, about 260 kilometers southeast of Seoul, which could hold up to 14 billion barrels of oil and gas -- an amount that could meet South Korea's gas demands for 29 years and oil demands for four years. President Yoon Suk Yeol announced approval for their exploration and drilling earlier in the day. (Yonhap)

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