Posted on 04/11/2017 5:36:31 AM PDT by blueplum
Russia’s Gazprom PJSC isn’t confident in Japan’s future as a growing natural gas user, which may damp prospects of a proposed pipeline between the countries as Premier Shinzo Abe travels to Moscow later this month. [snip]
Abe, seeking to deepen economic ties with Russia in an effort to resolve a 70-year-old dispute over islands off Hokkaido, is set to visit Moscow on April 27. Russian gas supplies to Japan, including the possible pipeline between the nations, could be discussed during the visit, Russia’s Kommersant newspaper reported last month. [snip]
Russia has turned to Asia as a growth market for its energy exports to balance its reliance on European buyers. It has challenged Saudi Arabia as the biggest crude seller to China and is aiming to become the country’s largest gas supplier through pipeline supplies from Siberia. [snip]
“We see a lot of opportunities” for the Sakhalin venture in the future, however “the market is already supplied,” Medvedev said. There’s still a “huge potential” for customers in China, India, Vietnam, Bangladesh, Pakistan and Kuwait, he said.
(Excerpt) Read more at japantimes.co.jp ...
I guess it isn't Abe Froman, huh?
Trade and deals are a two way street. Wait and see.
I’m looking at their prospective country list and thinking, my, aren’t they just planning on being everywhere?!
Hey...be real...that's their part of the world.
Well hey, if the West wants to reduce or eliminate Russian gas sales to Europe, or keep threatening WW 3 in and around gas fields and pipelines that could supply Europe as if that is a Russian threat to western security , then Russia is smart to look eastward for new markets
Let the EU figure out where to buy energy
Japan is a lot closer to Russia than it is to Saudi Arabia
And if China and Russia keep going forward on the New Silk Road project, every country in Asia and the littoral is going to want to tie in
The reality is that Japan has already turned to the United States for supplies. It began two years ago and is continuing apace.
How do pipelines fare in areas with high seismic activity?
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