Trump says S. Korea deal 'keeps getting better,' unveils $8.4 bil. oil recovery project
WASHINGTON — U.S. President Donald Trump said Friday a deal with South Korea "keeps getting better," announcing a $8.4 billion "enhanced oil recovery project," as Seoul and Washington are working to implement the Asian country's investment commitment under their trade deal signed last year. Trump made the remarks in a social media post, after he unveiled the first package of South Korea's…
U.S. President Donald Trump expressed satisfaction with the South Korea deal on Friday, unveiling an $8.4 billion enhanced oil recovery (EOR) project. Seoul and Washington continue to work on implementing the Asian nation's investment commitment under their trade agreement, signed last year. In a social media post, Trump hailed the deal as getting better, highlighting the $8.4 billion EOR project as a key component.
The project aims to recover more oil and gas from existing oil fields, contributing to American energy dominance and security globally. Trump did not provide further details on the specifics of the EOR project. The announcement came unexpectedly, as South Korea is reportedly uncertain if the EOR project is included in their investment commitments.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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