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Friday, August 26, 2011

'Gas Pipeline Through N.Korea 'Part of a Bigger Game'

from english.chosun..........

"Russian President Dmitry Medvedev and North Korean leader Kim Jong-il in a meeting Wednesday apparently agreed in principle to lay a gas pipeline through North Korea to South Korea. Pundits say the project is a tactical move by Russia, which finds itself in fierce competition with China. 

Russia has bickered with China over the export price of Siberian gas since 2008, but their negotiations have reached a stalemate due to Chinese demands for a drastic price cut


Russia could now be attempting to pressure China by tapping South Korea and Japan as alternative markets for its natural gas, observers in China say"...........READ MORE 

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