Most Popular
-
1
S. Korea holds rare military parade, warns NK against nuclear attack
-
2
Is S. Korea dangerous for women?
-
3
Seoul prepares for first major military parade in ten years
-
4
Opposition leader Lee attends arrest warrant hearing at Seoul court
-
5
[Korea Beyond Korea] Early Koreanists 'on verge of extinction overseas'
![[Korea Beyond Korea] Early Koreanists 'on verge of extinction overseas'](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2023/09/25/20230925000556_0.jpg&u=20230925160918)
-
6
Young swimmer enjoys self-fulfilling prophecy in gold medal-winning race
-
7
Do professors in Korea have too much power over students?
-
8
S. Korean fencer Oh Sang-uk wins gold in men's individual sabre
-
9
Chief justice seat at top court left vacant amid Assembly chaos
-
10
[Herald Interview] S&P economist tells Korea to brace for worst-case scenario with China
![[Herald Interview] S&P economist tells Korea to brace for worst-case scenario with China](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2023/09/25/20230925000680_0.jpg&u=20230925173504)
![[Korea Beyond Korea] Early Koreanists 'on verge of extinction overseas'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2023/09/25/20230925000556_0.jpg&u=20230925160918)
![[Herald Interview] S&P economist tells Korea to brace for worst-case scenario with China](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2023/09/25/20230925000680_0.jpg&u=20230925173504)
Daewoo International, the nation’s biggest trading company, will make equity investments in shale gas fields overseas from this year, the company said Monday.
“The company has secured 200 billion won ($180 million) in funds to buy a stake in unconventional gas fields in the U.S. and Canada,” the company said.
The company, an affiliate of POSCO, specializes in exploring and developing resources overseas.
The company, however, dismissed as groundless rumors that the company’s lucrative gas project in Myanmar might be transferred to POSCO.
“The company will be ready from July this year to start commercial production of two gas blocks, in which the company has a 51 percent stake, in Myanmar as planned,’’ the company said.
(jyseo@heraldcorp.com)
“The company has secured 200 billion won ($180 million) in funds to buy a stake in unconventional gas fields in the U.S. and Canada,” the company said.
The company, an affiliate of POSCO, specializes in exploring and developing resources overseas.
The company, however, dismissed as groundless rumors that the company’s lucrative gas project in Myanmar might be transferred to POSCO.
“The company will be ready from July this year to start commercial production of two gas blocks, in which the company has a 51 percent stake, in Myanmar as planned,’’ the company said.
(jyseo@heraldcorp.com)
-
Articles by Korea Herald
More from Headlines
![[KH Explains] Lotte goes all out to secure cash amid lackluster earnings](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2023/09/26/20230926000485_0.jpg&u=20230926152148)
![[Our Museums] Gyeonggi Ceramic Museum shows artistic essence of ceramics throughout history](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2023/09/26/20230926000765_0.jpg&u=)
![[Herald Interview] Forever is not impossible: Oneus aspires to global reach with 'La Dolce Vita'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2023/09/26/20230926000813_0.jpg&u=)
