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Article: RUSSIA AND JAPAN AGREE ON EAST SIBERIA PACIFIC PIPELINE PROJECT
- Article from:
- Info-Prod Research (Middle East)
- Article date:
- July 19, 2006
CopyrightCopyright 2006 Info-Prod Research (Middle East). Provided by ProQuest LLC. (Hide copyright information)
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Russia and Japan agreed on the project to build the East Siberia-
Pacific Ocean oil pipeline. Alexandre Garese, expert on Russian and
CIS commercial law, dubbed the project a very positive development,
which will be advantageous for both parties. Garese noted that the
project will enable Russia to enter into Asia-Pacific energy markets
while reducing Japan's dependence on Middle East oil supplies.At a
final press-conference at the end of G8 summit in St. Petersburg
Japanese Prime Minister Junichiro Koizumi was quoted by RIA Novosti
as saying that "Russia and Japan agreed to cooperate on the pipeline
from East Siberia to the Pacific." Alexandre Garese, an expert on
Russian and CIS commercial ...