Courtesy of the Financial Times, a report on the decline of Brazil and Russia from an emerging market fund perspective: The Brics are dead. Long live the Ticks. The Brics concept, based on the belief that the quartet of Brazil, Russia and India and China would power an unstoppable wave of emerging markets-led economic growth, […]
Read more »Courtesy of The Diplomat, an article examining the chances for a pipeline across N. Korea to provide natural gas to S. Korea: The idea of building a commercially and politically viable gas pipeline from Russia’s Sakhalin Island fields across North Korea to provide a long-term supply to South Korea has been percolating for years as […]
Read more »Via The BBC, a report on the possibility of Russia piping gas to Seoul via North Korea. As the article notes: “…Looking at the map, it is a no-brainer. Less than 700km (435 miles) separate one of the world’s biggest energy producers and one of its neediest consumers. Russia sells natural gas; South Korea wants […]
Read more »Via Northeast Asia Matters, a detailed look at the Tumen Basin which many hope will develop into a place for economic cooperation and competition. As the report notes: “…the Greater Tumen Initiative (GTI), formerly known as Tumen River Area Development Project (TRADP), being carried out under the auspices of the United Nations Development Programme (UNDP). […]
Read more »Via Energy Daily, a report on Turkmenistan’s recent decision to award contracts worth 9.7 billion dollars to a series of foreign companies to develop one of the world’s most prized gas fields. As the article notes: “…China National Petroleum Corporation, South Korea’s LG International and UAE-based Petrofac International are among the firms set to develop […]
Read more »Via Reuters, news that South Korea agreed on a $90 billion deal to import Siberian gas that should allow Russia to diversify away from Europe while bringing North Korea closer to its neighbour via pipeline diplomacy. As the article noted: “…South Korea’s Energy Ministry said in a statement the country wanted to import up to […]
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