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S. KOREA PROPOSES PREPARATORY GROUP WITH RUSSIA ON PIPELINE.
MOSCOW, Feb 1 Asia Pulse - South Korea has proposed forming a working-level group with the Russian government for South Korean companies to join in a new pipeline project connecting Siberian oil fields with Japan, South Korean officials said.
The proposal, made by South Korea's state oil company Korea National Oil Corp. came at a Monday economic forum between South Korea and Russia in Moscow.
To join the project, Korea National Oil Corp. showed a willingness to form the working-level group, which will include finance, construction, steel and petrochemical companies, with Russia from as early as late this month.
On Dec. 31 last year, the Russian ...
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Source: HighBeam Research, S. KOREA PROPOSES PREPARATORY GROUP WITH RUSSIA ON PIPELINE.