May 12, 2021

North Korea has ‘excellent’ oil and gas exploration potential

Recent report indicates possible DPRK oil and gas reserves, though extraction remains difficult

North Korea has “excellent” oil and gas exploration potential, according to an article from GeoExPro, a petroleum geoscience magazine which featured the DPRK on its cover this month.

The assessment was made by Michael Rego, an exploration consultant who once worked for Aminex, a company which in 2004 was contracted to try and develop the DPRK’s oil and gas resources.