South Korea and the United States have agreed to increase bilateral cooperation in developing shale gas, South Korea's commerce and energy minister said Monday, a move that will bring Seoul closer to using the new and cheap source of energy.
In a meeting held on the sidelines to South Korean President Park Geun-hye's May 5-10 visit to the United States, Yoon Sang-jick, minister of trade, industry and energy, and the United States' Acting Secretary of Energy Daniel Poneman agreed to share information on topics related to shale gas, Yoon said during a press briefing.