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The Japanese government is exploring the possibility of extending a South Korean-Russian pipeline to Japan to secure a more stable channel for importing Russian gas and oil

The Japanese government is exploring the possibility of extending a South Korean-Russian pipeline to Japan to secure a more stable channel for importing Russian gas and oil, a Japanese daily reported Thursday.

The report said Tokyo is seeking to build an undersea gas and oil pipeline between Japan and the South Korean port of Busan, which will be connected to Sakhalin in the Russian Far East by an overland pipeline.

The three-nation pipeline project is under consideration out of the Japanese government’s belief that such a link would be indispensable to its energy security, the Tokyo Shimbun reported.

Currently, Japan relies solely on seaborne delivery of oil and natural gas and has been trying to be included in the overland delivery network system envisaged in Northeast Asia.

‘The Japanese government should take this plan into account from a long-term and comprehensive perspective,’ a Japanese official was quoted as saying in the report, noting that the overland route goes through North Korea, which still has some unresolved diplomatic issues with Japan.

In September, South Korean President Roh Moo-hyun and his Russian counterpart Vladimir Putin agreed to enhance cooperation in the development of oil and natural gas wells in Siberia and construction of a pipeline for funneling Russian oil and natural gas to South Korea.

Source : www.atimes.com

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