New plan: going directly from Russia to S. Korea, crossing East Sea (Sea of Japan) [light brown line]
Posted on 07/11/2007 2:41:34 AM PDT by TigerLikesRooster
Russia Exports Natural Gas Directly to South Korea
JULY 11, 2007 03:13
Reportedly, Russia is planning to construct underwater gas pipes that will connect Siberia and the East Sea.
Gazprom, the state-run energy corporation in Russia, has specified a plan to export natural gas from Sakhalin and Eastern Siberia to the East Sea via undersea gas pipes in its annual report released on June 29.
In the report, an export channel stretching from East Siberia to China’s Dalian to Korea’s Pyeongtaek, considered to be the most feasible line, and the construction project for ground gas pipes in North Korea, were excluded.
Before the report, Vice President of Gazprom Alexander Medvedev, in charge of exports, said in a news conference on June 27 that land gas pipes make much more economic sense, but that many limitations associated with the inter-Korean relationship could hamper the construction, hinting at a plan to bury pipes under the sea.
The company’s public relations manager explained that the submarine pipe construction plan was devised at the order of corporate leadership and that the pipes are likely to be laid as planned despite some uncertainties until a final plan is confirmed by 2015.
Gazprom is presumed to be moving forward with the undersea pipeline construction project, as Seoul and Moscow designated the corporation as the sole gas provider through negotiations last year.
Russia is set to build additional gas pipes linking Sakhalin, Khabarovsk, and Vladivostok in an attempt to increase exports.
Sakhalin gas is scheduled to be provided to Korea starting next year and will amount to an estimated 1.5 million tons annually, accounting for six percent of domestic consumption.
New plan: going directly from Russia to S. Korea, crossing East Sea (Sea of Japan) [light brown line]
Ping!
Ping!
I don’t think the Bear would back off.
China’s state-owned petroleum companies are also unhappy with Russian terms. Gazprom insists that China pay world-market prices for Russian gas. Meanwhile, China hedges its bets by importing more gas from Southeast Asia, Central Asia, Australia, the Middle East and other non-Russian sources.
If Russia and China agree on a major long-term energy-supply deal, it will consolidate their strategic partnership. If they fail and Russia sends most of its gas and oil instead to Japan, South Korea, the US and other energy-short countries, a power equation less favorable to China will emerge in the region.
http://yaleglobal.yale.edu/display.article?id=9418
That’s no way to treat “Dear Leader”.
It will make ‘Dear Leader’ ronery.
Interesting.
Thanks for the ping.
It’ll be interesting. The Russians and the Chinese have NEVER had a good relationship at either the government level, or among their people.
The irony is that Russia and the US seem closer than Russia and China on most issues.
Now if only the Russians would stop their irrational paranoia and start acting that way we could solve many common problems.
And from South Korea, a short link will allow them to pipe to Japan
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