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N.Korea Favors S.Korea-Russia Gas Pipeline

 
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crsandus



Joined: 05 Oct 2004

PostPosted: Sun Aug 14, 2011 4:49 pm    Post subject: N.Korea Favors S.Korea-Russia Gas Pipeline Reply with quote

Quote:
North Korea is "positive" about a project to lay an overland gas pipeline transporting Russian natural gas to South Korea, Russian Foreign Minister Sergey Lavrov said Thursday.

Lavrov, who met with his South Korean counterpart Kim Sung-hwan in Moscow on Monday, added he is optimistic about the success of the project, according to a South Korean government official.

Executives from Gazprom, Russia's largest extractor of natural gas, met with North Korean officials recently and agreed to meet again to discuss the details, Russian officials told their South Korean counterparts.

During President Lee Myung-bak's first visit to Russia in September 2008, South Korea and Russia signed a memorandum of understanding whereby Seoul will import 7.5 million tons of natural gas from Siberia every year for 30 years from 2015.

Once completed, the pipeline would reduce transportation cost for Russian natural gas to a mere 30 percent of the current cost of transporting it by ship.

Meanwhile, diplomatic sources speculated that there is a chance that North Korean leader Kim Jong-il will visit Vladivostok to meet with Russian Prime Minister Vladimir Putin, probably next month when Putin is in Siberia to mark the completion of a gas pipeline from Sakhalin to Vladivostok.


I can't help but think that the title of the article should be read
"N.Korea Favors S.Korea-Russia Gas Pipeline Hostage Opportunity".
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Sun Aug 14, 2011 6:07 pm    Post subject: Reply with quote

^
That was exactly my reaction.
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Nester Noodlemon



Joined: 16 Jan 2009

PostPosted: Sun Aug 14, 2011 7:28 pm    Post subject: Re: N.Korea Favors S.Korea-Russia Gas Pipeline Reply with quote

crsandus wrote:
Quote:
North Korea is "positive" about a project to lay an overland gas pipeline transporting Russian natural gas to South Korea, Russian Foreign Minister Sergey Lavrov said Thursday.

Lavrov, who met with his South Korean counterpart Kim Sung-hwan in Moscow on Monday, added he is optimistic about the success of the project, according to a South Korean government official.

Executives from Gazprom, Russia's largest extractor of natural gas, met with North Korean officials recently and agreed to meet again to discuss the details, Russian officials told their South Korean counterparts.

During President Lee Myung-bak's first visit to Russia in September 2008, South Korea and Russia signed a memorandum of understanding whereby Seoul will import 7.5 million tons of natural gas from Siberia every year for 30 years from 2015.

Once completed, the pipeline would reduce transportation cost for Russian natural gas to a mere 30 percent of the current cost of transporting it by ship.

Meanwhile, diplomatic sources speculated that there is a chance that North Korean leader Kim Jong-il will visit Vladivostok to meet with Russian Prime Minister Vladimir Putin, probably next month when Putin is in Siberia to mark the completion of a gas pipeline from Sakhalin to Vladivostok.


I can't help but think that the title of the article should be read
"N.Korea Favors S.Korea-Russia Gas Pipeline Hostage Opportunity".


S. Korea should make N. Korea sign a contract that states N. Korea will never use the pipeline as a hostage for negotiations or attempt to tap into the pipeline. A basic hogwon contract could be used as the format.
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aussieb



Joined: 08 Sep 2007
Location: Brisbane,Australia

PostPosted: Sun Aug 14, 2011 8:56 pm    Post subject: Reply with quote

Historically I think you will find that any contract signed by North Korea isn't worth the paper it is written on!
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northway



Joined: 05 Jul 2010

PostPosted: Sun Aug 14, 2011 9:19 pm    Post subject: Reply with quote

Ya-ta Boy wrote:
^
That was exactly my reaction.


Same.
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ZIFA



Joined: 23 Feb 2011
Location: Dici che il fiume..Trova la via al mare

PostPosted: Wed Aug 17, 2011 4:14 am    Post subject: Re: N.Korea Favors S.Korea-Russia Gas Pipeline Reply with quote

Nester Noodlemon wrote:
S. Korea should make N. Korea sign a contract that states N. Korea will never use the pipeline as a hostage for negotiations or attempt to tap into the pipeline. A basic hogwon contract could be used as the format.


Please try to understand Korean culture.
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Steelrails



Joined: 12 Mar 2009
Location: Earth, Solar System

PostPosted: Wed Aug 17, 2011 6:06 am    Post subject: Re: N.Korea Favors S.Korea-Russia Gas Pipeline Reply with quote

ZIFA wrote:
Nester Noodlemon wrote:
S. Korea should make N. Korea sign a contract that states N. Korea will never use the pipeline as a hostage for negotiations or attempt to tap into the pipeline. A basic hogwon contract could be used as the format.


Please try to understand Korean culture.


Now, now. Let's ask some indigenous peoples how they feel regarding westerners and their penchant for honoring contracts. Yeah, not the most sterling reputation either.

That being said, the hostage pipeline is exactly the angle to look at
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GENO123



Joined: 28 Jan 2010

PostPosted: Sat Aug 20, 2011 6:42 pm    Post subject: Reply with quote

aussieb wrote:
Historically I think you will find that any contract signed by North Korea isn't worth the paper it is written on!


Just like a basic hogwon contract?
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