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VisitBrazilian Geologist Vitor Abreu's Controversial Oil and Gas Discovery Sparks Enthusiasm in South Korea
Jun 12, 2024, 02:02 AM
A Brazilian geologist, Vitor Abreu, has gained significant attention in South Korea after his consultancy, headquartered in Houston, discovered one of the world's largest oil and gas deposits off the southeastern coast of the country. The discovery has generated excitement among the South Korean government, which sees potential in reducing the nation's dependence on energy imports. Despite the enthusiasm, some experts caution that the exploration has a limited chance of success. Abreu was greeted like a pop star upon his arrival in Seoul, with flashing cameras and a hoard of reporters at the airport. The discovery has been described as controversial, with some saying the government has been too enthusiastic.
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Markets
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Official announcements from South Korean government or associated companies
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South Korean Ministry of Trade, Industry and Energy announcements
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Official reports from the exploration team or South Korean government
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