14 Billion Barrels Probability ‘0.0002%’… Yoon’s ‘Blue Whale’: Board of Audit and Inspection Calls It “Total Failure”
8 Articles
8 Articles
The Board of Audit and Inspection has released audit findings revealing that the Yoon Suk-yeol administration pushed ahead with the East Sea deep-sea gas field project, known as the "Blue Whale Project," by unreasonably accelerating the additional drilling schedule to 2027, within former President Yoon Suk-yeol's term. The findings are based on the "Public Interest Audit Request Regarding the East Sea Deep-Sea Gas Field Project," released by the…
An audit report has revealed that there was excessive intervention by the Presidential Office during the ‘Blue Whale’ project (East Sea deep-sea gas field project) promoted by the Yoon Suk-yeol administration. This project involved the discovery that massive quantities of oil and gas were buried in the deep sea off Yeongil Bay, Pohang, North Gyeongsang Province.
(Seoul = Yonhap News) Reporter Lee Sang-hyun = An audit result has revealed various problems in the process of promoting the 'Blue Whale' project, a deep-sea gas field project in the East Sea under the Yoon Seok-yeol administration...
The Board of Audit and Inspection announced the results of its audit on the Blue Whale Project. It was revealed that the Korea National Oil Corporation and the Ministry of Trade, Industry and Energy pushed for an unreasonable schedule due to pressure from former President Yoon Suk-yeol to complete drilling within his term, and that they violated the State Contract Act during the contractor selection process. Although the drilling results were a …
Board of Audit and Inspection: 'Yoon Pressured to Complete Within Term... Blue Whale Causes Failure'
The Board of Audit and Inspection has released audit findings stating that the "Blue Whale" project, a deep-sea gas field initiative in the East Sea promoted by the Yoon Suk-yeol administration, was pushed forward recklessly without rigorous verification, leading to project failure. On the 16th, the Board of Audit and Inspection disclosed the results of the "Request for Public Interest Audit Regarding the East Sea Deep-Sea Gas Field Project," w…
It was revealed on the 16th that former President Yoon Seok-yeol was actively involved in the slow promotion of the 'Blue Whale Project' (East Sea Deep Sea Gas Field Project) by the government of Petroleum Corporation and random selection of bidders, despite the Ministry of Industry's proposal to refrain from promoting the “success rate within 20%” report. In particular, it was investigated that President Yun Jeon requested that the drilling sch…
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