Russia’s regions present investment potential to South Korean business representatives
Oleg Kozhemyako in particular underlined the status of the Republic of Korea as a strategic partner of his region. “In 2016, the volume of mutual trade between Sakhalin Region and the Republic of Korea exceeded USD 3.8 billion. In the first eight months of this year, that figure has already reached 3.7 billion, and by the end of the year, it will no doubt be higher than it was in 2016”, he said.
According to the Governor of Sakhalin Region, South Korea is one of the major importers of the region’s oil and liquefied natural gas, and cooperation has also been established in the coal industry and in the modernization of transport infrastructure.
This year marks the 295th anniversary of coal mining in Russia and 70 years since Miners’ Day was established. Ahead of the big date, President Vladimir Putin paid his compliments to mining industry workers and veterans.
October 4, Moscow. – Energy industry experts met to discuss the future of Russian electricity as part of Russian Energy Week. Participants in the panel discussion included Deputy Minister of Energy of the Russian Federation Vyacheslav Kravchenko, Chairman of the State Duma Committee on Energy Pavel Zavalny,