sözaltı news Azerbaijan
Azerbaijan
EN AZ
Trump announces $8.4B oil project under Korea deal

Trump announces $8.4B oil project under Korea deal

azernews.az 02.10.2026 19:12 3 views
US President Donald Trump announced on Friday an $8.4 billion enhanced oil recovery project under the United States' deal with South Korea, saying the initiative would support American energy production.

US President Donald Trump announced on Friday an $8.4 billion enhanced oil recovery project under the United States' deal with South Korea, saying the initiative would support American energy production. "I am thrilled to announce the Republic of Korea Deal keeps getting BETTER! 8.4 Billion Dollars for an enhanced Oil Recovery Project," the president said on Truth Social. Trump did not identify the project's location, participating companies, or financing arrangements.

The announcement follows the framework outlining an expected $200 billion in investment in liquefied natural gas and nuclear energy projects. Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis. By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more. You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Extract — continue reading at the source.

Read full story