Pipelines, Storage & Power

Korean détente opens new supply options for Seoul

The rapprochement between North and South Korea has reignited a project to build a pipeline linking the two countries with Russia The rapprochement between North and South Korea has reignited a project to build a pipeline linking the two countries with Russia.
By Andrew Walker 19 June 2018 0 31354
US President Donald Trump and North Korean leader Kim Jong-un US President Donald Trump (right) and North Korean leader Kim Jong-un. (PA)

The positive outcome of United States President Donald Trump’s meeting with North Korean leader Kim Jong-un in Singapore last week should result in more cross-border cooperation between the two Koreas, but could ultimately disadvantage US LNG exports.

Trump sought to impress upon Kim the opportunities afforded by economic development should the North Korean leader agree to denuclearise his country. One project being pursued by South Korean President Moon Jae-in is a 10 billion cubic metre per year cross-border pipeline that would bring gas from Russia. The...