VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД RSS
breakingnews
Go to main page   Business   News   Japan pipes up for gas deal   Comments  
MORE ON THE STORY
01.09.2009, 15:43

Rosneft posts 1H 2009 Net Income of $3.67 billion

Russian oil producer, Rosneft, has posted a 1H 2009 Net Income of $3.672 billion under U.S. GAAP.

01.09.2009, 11:35

Pharmstandard posts 1H 2009 Net Profit of 2.59 billion Roubles

The leading Russian pharmaceutical company, Pharmstandard has posted a 1H 2009 Net Profit of 2.59 billion Roubles under IFRS.

01.09.2009, 11:20

Evraz posts 1H 2009 Net Loss of $999 million

Russian steelmaker, Evraz, has posted a 1H 2009 Net Loss of $999 million under IFRS.

04.11.2009, 20:32 10 comments

Shock GM decision on Opel sale draws ire

The GM decision to back out of the planned sale of a 55% stake in Opel has sparked an angry response in Berlin and concern in Moscow, after months of negotiations went nowhere.

19.05.2009, 10:06 1 comment

French airline orders to underpin outlook for Superjet 100

Russia's Trade Minister, Viktor Khristenko has told RT a French airline will become the Superjet 100's next buyer. The news comes in turbulent times for the Sukhoi project.

07.07.2009, 23:36

U.S. stimulus measure forces NLMK to sack American workers

NLMK claims that protectionist measures in the U.S. economic stimulus package are forcing it to sack American workers, and has taken President Obama’s Moscow visit to raise awareness.

18.06.2009, 22:08 1 comment

Parties meet on Ukraine gas debts as storage volume concerns mount

Ukraine is looking to get $4 billion dollars from Europe to assist in buying Russian gas. Naftogaz Ukraine has seen net losses increase 80% year on year in the first quarter of 2009, and needs money to pay its debts.

14.09.2009, 13:06

Rusal denies China listing claim

A Rusal spokesman has denied that the aluminium giant will list on the Hong Kong Stock Exchange by December, and that bankers for its IPO have been appointed.

21.06.2010, 11:14 1 comment

Countdown to Belarus shutdown begins as gas bill unpaid

A shutdown of gas supplies to Belarus has been ordered after talks on the nation’s unpaid gas debts with Gazprom have failed to reach agreement.

30.04.2009, 22:25

EU Commission seeks to downplay Ukraine gas transit rift

The European Union has no intention of isolating Russia from the process of upgrading Ukraine's gas pipeline network. But Moscow is concerned the involvement of Brussels may result in higher gas transit fees for Russia.

Japan pipes up for gas deal

Published: 01 September, 2009, 19:13


Just a month after Gazprom made the first weld in the Sakhalin-Khabarovsk-Vladivostok pipeline, it appears that the project lacks funding. In the search for money, Gazprom has turned to Japan.

 
2 COMMENTS
Japanese opinion September 02, 2009, 00:38 quote
0

Japan would not invest the money to this project. What I can see is that for Japan, this is not attractive investiment at all. If Russia wants to supply gas to Japan, then why they did not develop the pipe line heading South directly to Northean most point of Hokkaido?? What Japan see is that if the money invested, there is no 100% guarantee on the constant supply. Very sure that Russia will say "China and Korea pays better" "We need to supply gas to the local". Of cause I don't deny the supply to the local but then the money from Japan will be used not for Japanese profit. Also, this investiment, Russia cannot ask China or Korea since they for sure say, "then pull the pipe directly into our nation". This is Russia that choose this line, now "budget runs out so we need more money!!", everyone would say "then your planning is very poor". If there poor planning, then no one would dare to purchase from this supplier since later, contract means nothing to this seller...

Bianca September 03, 2009, 02:56 quote
0

I do not believe easily in what is served to the media. It is very hard for Russia and Japan to develop stronger economic ties, as the watchfull eyes are out there insuring that Japan does not get too cozy with its neighbors. In such a political climate, it makes sense for both countries to come up with various schemas to gradually increase the economic activity without getting too much attention. So, Gazprom "does not have money". And, coicidentally, Japan "has pipes". In these tough economic times, Japan can use some job-generating deals, while increasing the stake in the major pipeline --- all that with a very little fanfare. In Russia, ways will be found for Russian producers to get some part of the deal, and the price differential will be calculated in the deal. Japan needs badly to diversify its sources of energy, and slowly --- but surely, Japan is getting there. However, until Japan becomes more of an equal partner with US, it will be difficult for the country to integrate itself in the economy of its own region. For purely political reasons, Japan has missed out on the economic resurgence in both China and Russia. Now, with the economies world-wide in the dumps, it will be easier for Japan to persuade its long time friend and supporter to lower the anxiety level, and allow Japan to use its tremendous advantages in the development of the Asia's far East.

POST COMMENT

By posting your comment, you agree to abide by our posting rules


CAPTCHA image