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Russian Gas Supplies to South Korea to Start in 2017
3.11.2011 08:10
Russian Gas Supplies to South Korea to Start in 2017

Gas supplies from Russia to the Republic of Korea may start in 2017, said Alexey Miller, the head of Gazprom, after the high level talks at the second Russia-Republic of Korea Dialogue forum in St Petersburg. Now Russia supplies only liquefied gas to the South Korea. The volume of Russian liquidized gas is about 1.5 million tons a year.

On 23 June 2009 Russian Gazprom and South Korean Kogas signed an agreement on mutual studying the project of Russian natural gas supply to the Republic of Korea through the territory of North Korea.

On 15 September 2011 Gazprom and Kogas signed the road map on implementation of Russian gas delivery to the South Korea.

The first Russia-Republic of Korea Dialogue forum took place in November 2010 in Seoul and coincided with the twentieth anniversary of the establishment of diplomatic relations between Russia and South Korea.

Author: Irina Fomina

Tags: Resources Russia Gazprom   

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