South Korea
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If confirmed, the 14 billion BOE believed to lie at the bottom of the East Sea could satisfy Korea’s gas demand for 29 years. -
Colorado and the Gulf Coast prepare for new facilities; Chile sets out to tackle its carbon dioxide emissions; and Egypt announces plans for the largest wind farm in the world.
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Wind projects take center stage around the world, while Canada finalizes a geothermal energy project. In Finland, construction begins on the country’s first industrial-scale green hydrogen facility.
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BP’s deal with Norway-based Deep Wind Offshore aims to generate nearly half of the 13 GW of electricity Korea plans to produce from offshore wind by 2030.
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The vessel is capable of operating as both an FSRU and a fully tradable LNG carrier.
