Korea to transship Russian coal

KOWEPO might construct a terminal in Primorie

A new large project of the coal terminal with the capacity of 20 mln tons a year has been announced in Primorie. KOWEPO (Korea) wants to be an investor, which has earlier announced of its investment plans into the Russian energy sector. “Rosenginnering” group (Russia) will be its partner. The majority of the rest planned terminals in the Far East will be captive, and the idea of the coal port of “equal access” is supported by the Government of Russia. Analysts doubt KOWEPO will manage to occupy this layer.

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