Exclusive The Ministry of Industry approves and finalizes the first drilling plan for the 'Great Whale' on the 27th.

2024.11.19 PM 09:18
The government held a development strategy meeting on the 27th to finalize and finalize the first drilling plan submitted by the Korea National Oil Corporation in connection with the development of the "Great Whale" in the deep sea gas field in the East Sea.

Minister of Trade, Industry and Energy Ahn Deok-geun said on YTN today that experts' evaluation of the location and adequacy of boreholes has been completed.

He also explained that once the plan is finalized, we will be able to start substantial drilling and inform the public of our economic feasibility and potential in the first half of next year.

Minister Ahn went on to explain that after the first drilling conducted by the Korea National Oil Corporation, it plans to attract foreign investment and jointly drill with technologically advanced foreign companies.




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