News Gazprom exec says N.Korean gas pipeline unlikelyWhile economically interesting, political climate too unstable for serious consideration The deputy CEO of Russia’s Gazprom told reporters that connecting South Korea to Russian gas supplies is economically attractive but politically infeasible on Tuesday. The long-gestating pipeline project would extend through the DPRK and provide natural gas to energy-hungry South Korea. But Alexander Medvedev, speaking from a press conference in Moscow yesterday, said the project was too difficult in the current climate. “The level of communications, the level of cooperation is not that which would make it possible to speak of advancing to the feasibility study stage, let alone implementing a project © Korea Risk Group. All rights reserved. |