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

North Korea to Earn $ 100 Million on Transiting Russian Gas
17.11.2011 15:39
North Korea to Earn $ 100 Million on Transiting Russian Gas

North Korea will gain from Russian gas pipeline from Far East to South Korea. As a transit territory for Russian gas supply, Democratic People’s Republic of Korea will get about $ 100 million a year, said Viktor Ishaev, the Russian president's envoy to the Far East.

"It would be a huge sum for a country with annual gross product of $10 billion. Moreover, the country would have to make no big effort to get it," said the state man.

In August Russia and North Korea reached an agreement to draw up a project to build a gas pipeline to South Korea. The pipeline cost is estimated as much as $6 billion.

Author: Irina Fomina

Tags: Resources Russian business    

Next Previous

You might also find interesting:

Seven Russian Banks Entered the World Top-150 for Accepting Cards in Stores
Moscow Business Turnover Returned to Pre-crisis Level
Brand Finance Named the Most Expensive Russian brands
Russian Educational AI-startup Raised a Million Dollars of Investment
Cainiao Launches Free Shipping to Russia for Inexpensive Goods from AliExpress

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian football  Chevrolet Niva  Christian Churches  Fairs in Moscow  Russian opposition  travel to Russia  Yekaterina Koneva  Sergey Rachmaninov  Fairy-Tale Games   poll  Moscow  Chukotka  America  Pussy Riot case  Sochi Paralympics  Russian naval forces  Arena Moscow  Architecture Monuments  LGBT  Russian tourism  Arkhip Kuinji  Russian Cinema  Russian business  Facets Chamber  Pskov Region  Treasure  Russian Emperors  inventions  Russian football team  Omsk  Mercedes-Benz Fashion Week Russia  Bell Ringing  military historical festival   Russian regions  PayPal  Primorsky Territory  Festivals in Moscow  children  Kazan  Russian religion  Exhibitions in Moscow  Russian National Parks  Kamchatka  Gonets  Art Exhibitions  St. Petersburg  Armour  Nason-city  Perm shopping malls  Russian Monuments 

Travel Blogs
Top Traveling Sites