Sakhalin Region to present oil and gas projects in Seoul

YUZHNO-SAKHALINSK, August 29 (Itar-Tass) -- The Sakhalin Region will
present oil and gas shelf projects at an exhibition-presentation in Seoul.
The exhibition will be held in early 2010, but already today governor of
the Sakhalin Region Alexander Khoroshavin, who is staying in South Korea,
invited Korean ministers to visit the exhibition-presentation, the
governor's press service reported.
Khoroshavin told in the capital of South Korea about plans to further
develop the Sakhalin shelf, build a new electric power station with a
capacity of 330 megawatt in the area of the Solnstevsky coal field, the
forecasted reserves of which amount to two billion tonnes of coal. The
governor told Minister of Land, Transport and Maritime Affairs of South
Korea Chung Jong-hwan and Minister of Knowledge Economy Lee Youn-ho about
the construction of a railway Uglegorsk-Ilinskoye and plans to upgrade
Sakhalin motor roads and the Sakhalin airport. The Sakhalin administration
also intends to seriously consider the issue of opening one of South
Korean banks in Yuzhno-Sakhalinsk.
Khorshavin and his colleagues from Khabarovsk and Vladivostok are
members of a delegation headed by plenipotentiary of the president in the
Far Eastern Federal District Viktor Ishayev which acquaints the Korean
side with investment projects of the Far East. South Korean companies
showed interest in the construction of the infrastructure for the holding
of the APEC summit in Vladivostok in 2012, development of the logistics
centre in the port of Zarubino in Primorye, in Sakhalin shelf projects,
production of coal and construction of electric power stations.
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