Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

North Korea and Russia to Cooperate in the Gas Field
25.08.2011 09:30
North Korea and Russia to Cooperate in the Gas Field

Launching collaboration in the gas field between Moscow and Pyongyang has become the main result of Kim Jong-Il’ s visit to Russia.

The heads of the two countries have given a commission to create a special committee, which is to define the certain factors of bilateral cooperation on gas transit through the territory of the Democratic People’s Republic of Korea and involving Republic of Korea into this project.

Russia might supply 10 bln cubic meters of gas to South Korea through a gas pipeline from Vladivostok through North Korea. This would satisfy a quarter of South Korean needs. South Korea is buying liquid Russian gas from the only in Russia natural gas liquefaction plant in Sakhalin, which produces 10 mln tons a year. South Korea buys about 1,5 tons a year. Russia would like to enter the perspective Asia-Pacific region market.

The Kim Jong-Il has invited Russia’s President to North Korea and thanked him for the humanitarian aid, which Moscow renders to Pyongyang.

The North Korean leader left Russia for North Korea after negotiations with Russia’s president on August 24.

Author: Irina Fomina

Tags: cooperation Resources Russian business   

Next Previous

You might also find interesting:

Profit Of Russian Credit Organizations Grew Up
Sberbank Actively Works With Young Clients
Sberbank Cut Interest Rates On the Entire Consumer Loan Line
Central Bank Revoked the Licenses From 463 Banks During Ten Years
Russian Wheat May Be Exported to Venezuela

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Russian Literature  Russian Proverbs and Sayings  Russia-Australia  Arsky Kamen  Literary Festivals  Russian scientist  Masha and the Bear  Russian tourism  Russian polls  freedom of press in Russia  Filyovsky Park  Moscow monuments  Russian business  The Big Cartoon Festival   Dolls  migration in Russia  Foreign Currency  Concerts in Moscow  Mercedes-Benz Fashion Week Russia  Olympic Games 2012  Satellites  Painting  Architecture Museum  Yaroslavl   Archeology  Old Moscow  Moscow hotels  Double-degrees  Aeroexpress  Khokhloma Painting  Russian writers  Science  Russian Nature  Kemerovo Region  Manege  Moscow attractions  Russian Cinema  education  FC Mordovia  Moscow  Exhibitions in Moscow  Olympics 2012  Stavropol Krai  Barnaul  LDPR  Russian history  Gazprom Neft  Stockmann  Central Bank  Innokentiy Smoktunovsky 

Travel Blogs
Top Traveling Sites