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:

Sberbank Was Awarded For Achievements In Transactional Business
Nord Stream 2 AG Developed an Alternative Route For the Pipeline
Yandex Payment System Connected Its Cards to Apple Pay Service
It Will Take Another Three Years to Produce Domestic Parmesan In Russia
The Businessman Sergei Tigipko Can Buy the Subsidiary Of Sberbank In Ukraine

comments powered by Disqus

Comment on our site

RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
Mrs Russia 2012  Books  Multimedia Art Museum  Russian Cinema  Vologda  Tretyakov Gallery  Cancer  Barrows  Russian businessmen  Exhibitions in Moscow  Film Festival  Valeri Zolotukhin  Baikal  Kostroma region  International Film Festivals  Business in Russia  Disneyland   oil price  Russian tourism  Russian business  Russian Muslims  Archeology  Russia-South Korea  Russian Fortresses  Russian animals  Russian history  Russian Literature  Art Exhibitions  Sverdlovsk region  Andrey Konchalovsky  Baikonur  2019 Winter University Game  Russian banks  Chelsea FC  Pussy Riot case  Mercedes-Benz Fashion Week Russia  Aleksandr Solzhenitsyn  Russian wildlife  Andre Geim  Alisher Usmanov  Hermitage Museum  Maya Plisetskaya  Moscow planetarium  Moscow  Zelenogorsk  Painting  Ufa  Russian shops  International Book Fair 

Travel Blogs
Top Traveling Sites