Tuesday, June 26, 2018

South Korea Wants Russian Natural Gas

Russian President Vladimir Putin (right) and his South Korean counterpart Moon Jae-In, during a press conference on the outcome of their meeting in the Kremlin on June 22, 2018. Photo: Alexei Druzhinin / Sputnik via AFP

Andrew Salmon, Asia Times: Moon in Russia: Gas pipeline no longer a pipe dream

Russia established North Korea after World War II, but in recent decades has been marginalized in the region; warming economic ties with South Korea may help it regain a strategic position.

South Korean President Moon Jae-in was to wrap up a three-day visit to Russia on Saturday after he watched his national soccer team take on Mexico in a World Cup match in Rostov-on-Don, but the real outcome of his trip goes well beyond the football pitch.

With Russian President Vladimir Putin seeking to leverage his nation’s hosting of the World Cup, Moon’s trip looks like a diplomatic coup for Russia – and possibly an economic boost for Russia and both North and South Korea.

Read more ....

WNU Editor: I can see it now. First the railways .... Koreas agree to improve North Korea’s railways (AP), then lets make a deal on natural gas.

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