Source Pravda.Ru

Japan may invest $14bn in Far Eastern oil projects

Japan is ready to invest $14bn in the implementation of oil projects in the Far East on Russia, Primorye regional governor Sergey Darkin said at a news conference after a trip to Tokyo, according to the Vostok-Media news agency. It is planned to allocate $5bn for constructing an oil pipeline from Angarsk (Southern Siberia) to ports of the Primorye region. Currently, experts of the two countries are working on the feasibility study of the pipeline construction. Darkin emphasized that this pipeline would enable the region to do without transfers from the federal center by 2008.

Japan is also ready to allot $7bn for supplementary exploration of oil deposits in Eastern Siberia and another $2bn for implementing social projects in the Far East. Experts of both countries are discussing the form and methods of attracting these resources.

Additionally, Japan is ready to sponsor the construction of a refinery in the Primorye region. It is important that this refinery will be close to the largest world centers of oil product consumption, which will allow exporting oil products to many countries. The refinery is expected to process up to 10 million tons of oil products. The construction of an oil-loading port and an oil product refinery in the Primorye region is directly linked to the construction of the mentioned pipeline.

Comments
Russia to ship S-300 to Syria after Il-20 shootdown
How many aircraft and pilots Russia has lost in Syria so far
Russia to ship S-300 to Syria after Il-20 shootdown
Roscosmos contractor steals millions, state secrets and flees to USA
How many aircraft and pilots Russia has lost in Syria so far
This is a liberation fight from the Soviet EU
USA punishes China for purchasing arms from Russia
USA punishes China for purchasing arms from Russia
USA punishes China for purchasing arms from Russia
USA punishes China for purchasing arms from Russia
This is a liberation fight from the Soviet EU
How Russia can respond to Israel following Ilyushin Il20 shootdown
South Korean President finds DPRK people eating sturgeon at fancy restaurants
On the collapse of civility in Western nations: living in the era of 'not nice'
On the collapse of civility in Western nations: living in the era of 'not nice'
How many aircraft and pilots Russia has lost in Syria so far
Russia to ship S-300 to Syria after Il-20 shootdown
Russia to ship S-300 to Syria after Il-20 shootdown
Russia to ship S-300 to Syria after Il-20 shootdown
Russia to ship S-300 to Syria after Il-20 shootdown
On the collapse of civility in Western nations: living in the era of 'not nice'