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.
Istanbul (Turkey), July 11 – Anton Inyutsyn, Deputy Minister of Energy of the Russian Federation, spoke at the Russian Ministerial Session ‘Future of Russian Energy’ at the 22nd World Petroleum Congress.
Istanbul (Turkey), 10 July – Alexander Novak, Minister of Energy of the Russian Federation, spoke at the plenary session of the 22nd World Petroleum Congress “Bridges to Our Energy Future”.