Construction of a gas pipeline from Russia to South Korea and economic consequences
- Authors: Dongkyu N.1
-
Affiliations:
- Peoples’ Friendship University of Russia (RUDN University)
- Issue: Vol 9, No 2 (2022)
- Section: Articles
- URL: https://journals.rudn.ru/in-econ/article/view/48976
- ID: 48976
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Abstract
The topic of gas pipeline construction in this study is highly relevant today. The purpose of the study of the article is to consider the analysis of the project to connect the gas pipeline between South-North Korea and Russia. The article discusses such issues, the possibility of implementing an associated petroleum gas (APG) project from North Korea to South Korea, a comparison of two liquefied petroleum gas (LPG) and APG delivery lines, economic consequences for the three countries. As a result, conclusion is an extremely beneficial project for all interested parties, provided that it is launched and successfully completed, South Korea, North Korea and Russia will be able to receive economic benefits. North Korea will be able to receive additional income from transit duties and an additional incentive for regional development through participation in the construction of APG, which will undoubtedly help alleviate the energy shortage throughout the Korean Peninsula.
About the authors
Nam Dongkyu
Peoples’ Friendship University of Russia (RUDN University)
Author for correspondence.
Email: 1032204026@pfur.ru
Master's Student, Faculty of Economics
117198, Moscow, Miklukho Maklaya str., 6References
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