If the ROK government wanted to get on the good side of the Trump administration this is one way of doing it:
While the Donald Trump administration continues to express concern over its goods trade deficit with Korea, Seoul will officially import U.S. shale gas for the first time starting next month.
According to Korea Gas Corporation (Kogas) on Monday, it will import 2.8 million tons of shale gas annually, which is worth about $1 billion, for 20 years.
Kogas said it held the reception ceremony for importing U.S. liquefied natural gas with Cheniere Energy at Sabine Pass LNG terminal in Louisiana on Sunday, local time.
The Korean government announced earlier this year that it will diversify the sources of its imports of crude oil to include shale gas from the United States to reduce Korea’s trade surplus with America in the hopes of avoiding being labeled a currency manipulator by the Trump administration. [Joong Ang Ilbo]
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