{{dayPoint.date | date : 'd MMMM yyyy'}}

{{newsPoint.title}}

{{newsPoint.title+ ' '}}

{{newsPoint.subtitle}}

South Korea's president says potentially massive oil, gas reserve to be buried off Pohang

"The recent results indicate a very high possibility of deposits amounting to 14 billion barrels of oil and gas, and these findings have been verified by leading research institutions and experts," Yoon Suk Yeol said

SEOUL, June 3. /TASS/. A potentially massive oil and gas reserve could be buried off the southeast city of Pohang, President of the Republic of Korea Yoon Suk Yeol said.

The reserve off Yeongil Bay in Pohang, about 260 kilometers southeast of Seoul, could hold up to 14 billion barrels of oil and gas, an amount that could meet South Korea's gas demands for 29 years and oil demands for four years, Yoon told a briefing.

"The recent results indicate a very high possibility of deposits amounting to 14 billion barrels of oil and gas, and these findings have been verified by leading research institutions and experts," he said.

The Ministry of Trade, Industry and Energy has approved the exploration drilling plan, with preliminary results expected by the first half of next year, Yoon added.

Industry Minister Ahn Duck-geun said that the maximum potential deposits of 14 billion barrels are equivalent to five times the market value of Samsung Electronics, which is estimated at $328 bln. "We anticipate commercial development to start around 2035, but it is difficult to specify an exact timeline until the deposits are confirmed," he said.

Tags

EU devises workaround to bypass Hungary’s veto on Ukraine support — Borrell

According to the EU top diplomat, Budapest, having earlier declined the use of Russian assets, should not take part in the decision on their use

Kiev’s attempts to drive Russian forces out of Kharkov Region will cost it dearly — Putin

The Russian president also said that Russia has no goal to approach Kharkov

Moscow doctors arriving in Sevastopol — governor

Specialists will "assess the condition of victims and evaluate the need and the possibility of transporting patients," Governor Mikhail Razvozhaev said

Russia managing to provide for itself — Putin

In recent years, Russian has been living amid massive sanctions but has been managing to provide for itself both in terms of ensuring food and medicine supplies, according to the country’s authorities

Loss of sovereignty fraught with risk of being dragged into was — Moldovan ex-president

Dodon expressed hope that the upcoming elections of president and parliament (due to be held this year and next year, respectively) will bring to power political forces, which value sovereignty and national interests more than geopolitical interests

Foreigners planning to visit Russia allowed to undergo fingerprinting abroad

The procedure will be available in countries, whose list will later be compiled by the Russian government

Putin in touch with the military, social bloc after attack on Sevastopol — spokesman

According to the Russian defense ministry, the Kiev regime on Sunday stages a terrorist attack on civilian infrastructure in Sevastopol with the use of ATACMS tactical missiles carrying cluster munitions

Israeli jets target Hezbollah facilities in south Lebanon

The Israel Defense Forces jets struck Hezbollah military structure in the area of Aitaroun, as well as infrastructure sites in the areas of Kfarkela and Khiam in southern Lebanon

Scholz wished to make secret deal with US on Nord Stream 2 — newspaper

According to the report, confidential papers confirm that the German chancellor "not only approved the project, but for years actively advocated it" and "by means of a dubious deal tried to prevent the United States from sanctions against the pipeline"

Russia’s future depends on its army — Putin

More than 600 graduates took part in the meeting in the Kremlin

Russian troops should scale up FAB-3000 bomb strikes at key Ukrainian army sites — expert

"Considering a substantial strike effect of this munition, its use can be recognized as successful," Igor Korotchenko underlined

Seoul arms supplies to Ukraine depend on Russia-DPRK military cooperation — official

Seoul will lose its leverage over the Russian side in case Moscow hands over Pyongyang's military technologies, South Korea's national security adviser said

Gazprom gas supplies to Europe through Ukraine reach 42.4 mln cubic meters

The transit line through Ukraine remains the only route to supply Russian gas to western and central European countries

Russian plane makes observation flight over CIA, Pentagon and White House

A US State Department official confirmed that the path of the observation flight had been agreed by Washington and Moscow

US destroyed three Houthi drone boats in Red Sea

CENTCOM also reported that three ballistic missiles were launched from Houthi-controlled territories in Yemen towards the Gulf of Aden

Ukraine sends mobilized soldiers to Avdeyevka area for reconnaissance — captive serviceman

The brigade’s command sends mobilized men, who have relatively little training, to the battlefield as "expendable material" to take on the main blow

Russia should be part of European security system — Orban

"Russia is different, its system and its society are not European," Prime Minister of Hungary noted

Death toll from Israeli strikes on Gaza Strip nears 37,600 — health ministry

According to the ministry, as many as 37,598 people have been killed, including 47 in the past 24 hours alone

Vietnam sees US as strategic partner, foreign minister says

Kritenbrink visited Vietnam from June 21 to 22

Israeli military attacks dozens of targets in Gaza as it continues operations

According to the IDF, it "eliminated a terrorist unit that posed a threat."

Five militants killed in Dagestan during counterterrorist operation

NAC reported earlier that two militants were killed in Derbent, where the active phase of the counterterrorist operation ended

Russian foreign minister to discuss Eurasian security in Minsk

Russian Foreign Minister Sergey Lavrov will pay an official visit to Minsk on June 24-25

Trophy T-64 tank wipes out Ukrainian positions near Chasov Yar

"Yesterday, the T-64 on which Maxim Likhachev surrendered departed on a combat mission near Chasov Yar," a security official in the Donetsk People’s Republic said

Japan was ready to attack Soviet Union in case Nazis captured Leningrad — archive

The Japanese were also collecting information about the Red Army in the Far East, including naval and military air bases and railroads

India completes tests of reusable rocket

"With the objectives of RLV LEX accomplished, ISRO embarks into RLV-ORV, the orbital reusable vehicle," the ISRO stated

Explosions heard in Ukraine’s capital Kiev

Air defenses were in operation

Hungary to take no part in NATO mission in Ukraine — PM

According to Viktor Orban, "Hungary wants to remain an island of peace in Europe"

Houthis, Islamic Resistance in Iraq attack commercial vessels in Israel’s Haifa

The movement reported that its drones attacked Haifa-bound cattleship

Attempts to radicalize religious life should be curbed — Patriarch

The Trinity Sunday was chosen for a reason to attack churches in Dagestan and reveals "the devilish essence" of intentions of terrorists, the Patriarch noted

US moves to close Russian visa center, strips Russian diplomats of tax privileges — envoy

According to Antonov, the US side did not provide any explanations for its move

Russia’s upgraded Armata tank may get 152mm gun

The materials suggest that a potential enemy may create new-generation tanks at the turn of the 2030s, which will require an upgrade of T-14 Armata tanks

Press review: Trump helps sink Ukraine aid bill, wins Nevada and Houthis not standing down

Top stories from the Russian press on Thursday, February 8th

US nuclear-powered aircraft carrier arrives in South Korean port

It was joined by two Aegis-equipped destroyers, the Yonhap news agency said

UN calls on parties to conflict to avoid civilian casualties

Russian President Vladimir Putin has extended condolences to Sevastopol residents

Israel attacks facilities used by Hamas radicals in central Gaza Strip

"The terrorists operated from within buildings that previously served as an UNRWA headquarters and which the terrorists used as a shield for their terrorist activities," IDF said.

CSTO countries call for meaningful dialogue with Taliban — Lavrov

According to the Russian foreign minister, threats continue to emanate from the territory of Afghanistan as cells of the Islamic State and al-Qaeda terrorist groups are still present there

US supports Kiev regime’s crimes — Russian Ambassador

"Americans cannot sit overseas and escape responsibility for the blood and tears of innocent people," Anatoly Antonov noted

Tens of thousands of Ukrainians hiding from draft officers — NYT

Ukrainian men expressed fear of dying in the "bloody trench warfare", the newspaper reported

Russian air defenses shoot down 33 Ukrainian drones over central Russia — Defense Ministry

On-duty air defenses intercepted and destroyed 2 UAVs over the territory of the Smolensk Region, 2 UAVs over the territory of the Lipetsk Region

EU devises workaround to bypass Hungary’s veto on Ukraine support — Borrell

According to the EU top diplomat, Budapest, having earlier declined the use of Russian assets, should not take part in the decision on their use

Houthis claim attacks against two ships — spokesman

"Both ships became targets because companies owned by them breached the ban on passing to ports of occupied Palestine," Yahya Saree said

US coalition’s drone attacks truck in Syria from Iraq, deaths reported — Russian military

Deaths and injuries among Syrian citizens were reported as a result

Venezuela about to join BRICS — executive vice president

The country is ready to offer its fuel and mineral resources to future partners, Delcy Rodriguez said

Police car comes under gunfire in Dagestani village

One police officer was wounded

Air defenses destroy 3 MLRS Vampire rounds over Belgorod Region

Three Vampire MLRS rockets were destroyed over the territory of the Belgorod Region by on-duty air defenses

Russia to insist on international reaction to missile attack on Sevastopol — diplomat

The Russian Investigative Committee opened a criminal case on charges of terrorism

Germany, Switzerland tied game at Euro 2024

They had the score as 1-1 in their match

Russian army starts active use of motorcycles to seize Ukrainian positions

These bikes helped five Russian servicemen take control of a Ukrainian strongpoint

Six militants killed in Dagestan — head of region

Sergey Melikov added that authorities will continue detecting sleeper cells

Ukraine lost Canadian armored combat vehicle Senator for the first time

At the same time, the Russian Armed Forces carried out a group strike on Ukrainian energy facilities and warehouses of Western aviation weapons overnight

Ukrainian attack on Sevastopol kills 2, injures 22 — governor

The governor described the situation at the city’s Uchkuyevka area as grave

Putin’s visit to Asia became Washington’s worst fears coming true — US diplomat

Russian leader needed only four days to anger the US, ambassador of United States to Japan Rahm Emanuel said

People safely evacuated from church in Makhachkala, no one hurt - lawmaker

"The area around the church has ben mopped up," Artyom Bichayev said

Death toll from Ukraine’s attack on Sevastopol up to five — city governor

The Russian Investigative Committee opened a criminal case on charges of terrorism

Press review: Vietnam, Russia forge closer bonds and EU imposes fresh sanctions on Moscow

Top stories from the Russian press on Friday, June 21st

No such strikes as in Sevastopol should be — US lawmaker

"The only border our American military should be defending is our own border," Marjorie Taylor Greene said

Kiev regime suppresses family ties of Ukrainians, sending them to slaughter

Russian presidential aide Nikolai Patrushev noted that "the long-suffering population of Ukraine is overwhelmingly Russian."

Missile attack on civilians in Sevastopol cannot be justified — Patriarch Kirill

Patriarch of Moscow and All Russia Kirill offered his condolences to the families of those killed in the attack

Russia to take measures to prevent Kiev’s attacks on energy facilities — foreign ministry

Ukrainian attacks at Russian energy infrastructure aimed at inflicting irreparable damage to the economy and creating the risk of a man-made disaster, Maria Zakharova said

Five children in critical condition after Ukraine’s attack on Sevastopol — governor

According to the governor, seven adults are in critical condition

US apparently assisted Azov militants before ban was lifted — portal

The conclusion is based on indirect statements made by US officials and photographs published by the military unit itself

Medvedev puts equal mark between US authorities, bandera regime, ‘insane fanatics’

He also expressed condolences to the families of those killed and wished the soonest recovery to those injured

Ukrainian drone shot down over Belgorod Region — defense ministry

This happened at about 4:15 p.m. Moscow time

Creative industries development to be discussed at Russia-Uzbekistan forum

The forum is being held in Vladivostok on June 24-25

Up to 100,000 people go missing in Russia every year, says official

As many as 70,000 to 100,000 people go missing in Russia every year and 25% of them are never found

One drone downed, two suppressed in Rostov Region

"Operative services are clarifying consequences on ground," Governor Vasily Golubev said

Moscow plans to give adequate response if US closes Russian visa centers

"If such measures are implemented, the Russian side will give an adequate response," the diplomat emphasized

Houthis claim attacking US aircraft carrier Dwight D. Eisenhower in Red Sea

Additionally, the rebels attacked the Transworld Navigator bulk carrier with ballistic missiles in the Arabian Sea

Poland at risk of direct confrontation with Russia, Belarus — Medvedev

According to the politician, "Poland's reckless actions, if rashly supported by its NATO allies, may have far-reaching dangerous consequences for the entire world"

Medvedev cites facts of Zelensky usurping power

As the Ukrainian president, he simply "hid in his drawer" 32 laws, thus violating the сonstitution, the Russian Security Council deputy chairman said

Trump warns dollar to be displaced as number one world currency over Biden’s policy

It is noted that China is trying to displace the US dollar as the number one currency throughout the world

Russia’s advanced radar in Kaliningrad to monitor entire territory of Europe — source

The first Konteiner radar went on combat duty in the Volga area region of Mordovia on December 1, 2019

Skripals reluctant to appear at inquiry into death of Dawn Sturgess — lawyer

Sturgess’s family still want the Skripals to be kept on the list of possible witnesses

EU foreign ministers to approve new anti-Russian sanctions

Ministers will discuss provision of military aid to Ukraine and the agreement on security guarantees intended to be signed by Brussels and Kiev on June 26

Press review: Putin comes out with peace plan and tough road ahead post-Ukraine summit

Top stories from the Russian press on Monday, June 17th

Ukraine to lose territories, NATO when all said and done — media

According to the publication, the Swiss conference has demonstrated that "international support for a forever war is waning and the time for ugly compromises is beginning"

Democrats may bring in new candidate if Biden performs bad in debate with Trump — Hersh

As the journalist has been told, Gavin Newsom, the governor of California, or J.B. Pritzker, the governor of Illinois, may replace US president in this scenario

Biden will soon embroil US in World War Three — Trump

In former US President's opinion, Biden should be removed from his post as soon as possible

Kremlin has no information about Ukrainian forces shooting down Russian aircraft

"Besides, after all, this is an issue that concerns the course of the special military operation," Dmitry Peskov noted

Firefighters extinguished fire in Derbent synagogue

The press service of the Interior Ministry for Dagestan said earlier that the synagogue and the church were on fire in Derbent after the attack of militants

Russian strikes turn Western hardware into scrap metal — KCNA

"Russia's military edge is further assured on the Ukrainian battlefield," the news agency stressed

Russian artillery crews disrupt Ukrainian units rotation

The artillery crew suppressed and destroyed Ukrainian manpower, enabling Russian assault units to improve the frontline position

More than fifteen policemen killed in terrorist act in Dagestan

Several civilians were also killed as a result of the terrorist act, including Father Nikolay, who served for more than forty years in the Orthodox church in Derbent, Sergey Melikov added

Countries that recognize Palestine

Russia says its forces carried out precision strike on Ukrainian Air Force training base

The goal of the strike has been accomplished

Drone attack repelled in west Russia’s Smolensk region, no casualties — governor

Air defenses responded to an attack over Smolensk and Yartsevo

Russia’s strikes hammer Ukrainian military airfields, mercenaries’ sites over week

Russia’s Southern Battlegroup improved its frontline positions and inflicted roughly 4,290 casualties on the Ukrainian army over the past week, the Defense Ministry reported

Active phase of counterterrorist operation ended

In total, sixteen wounded people were delivered to the hospital in the regional capital, with thirteen police offers among them

Trump vows to settle conflict in Ukraine before his inauguration

He also pledged to prevent World War Three

Nearly 125 people hurt after Ukraine’s missile attack on Sevastopol — health ministry

According to Russian children’s rights ombudswoman Maria Lvova-Belova, five children are in critical condition

One policeman killed, one more wounded in attack on church and synagogue in Derbent

Efforts are being made to identify the attackers

Hungarian PM says West's quest to defeat Russia in Ukrainian conflict hopeless

While blaming Russia for the outbreak of hostilities in Ukraine, Viktor Orban pointed out that the main reason for the conflict was Kiev's intention to join NATO

Two synagogues — in Derbent and Makhachkala — attacked by terrorists

"We call on the authorities to take the toughest measures against the bandits and murderers who committed this atrocious crime," Russian Jewish Congress said

Orban speaks for immediate ceasefire in Ukraine

"I want in the first instance that the war ends and that the ceasefire regime is established," Prime Minister of Hungary said

Putin sees no need to include first strike concept in Russia’s nuclear doctrine

A retaliatory strike will be enough to destroy the enemy, Russian President said

Russia will discuss possibility of joint Tu-204 aircraft production with Iran — ministry

Soyuz MS-26 manned spaceship to be launched on September 11 — crew commander

The spaceship will take the crew of the 72nd expedition, Roscosmos cosmonauts Alexey Ovchinin and Ivan Vagner, and NASA’s oldest active astronaut Donald Pettit, to the International Space Station

US doubts likelihood of significant Ukrainian battlefield success — journalist Hersh

Seymour Hersh described US President Joe Biden’s foreign policy as a "disaster," as "Biden is continuing to send billions to Ukraine" and urging the US allies in NATO to do the same

BMP-3 combat vehicles start receiving drone suppression systems

The press service of High Precision Weapons company told TASS about it

Putin’s peace initiative is Russia’s fourth proposal on Ukraine, says top diplomat

Ukraine itself "destroyed its territorial integrity with the hands of those who came to power through a bloody state coup and began to impose Russophobic and Neo-Nazi rules," the top Russian diplomat stressed

Putin has no plans so far to take vacation in summer — Kremlin

Like all federal employees, the Russian president is entitled to a vacation, but Putin usually continues to work throughout the summer