Russia, KEPCO

Electric energy export from Russia to South Korea to make up 4 GW

The export of electric energy from Russia to South Korea at the first stage of operation of the power bridge will make up 4 GW, the head of Rosseti, O. Budargin, said.
“We have been discussing this project for 3 years with KEPCО (Korea Electric Power Corporation). It is already being realized. A working group has been formed. It is engaged in the workout of the connection point, schedule of electric energy supply to South Korea. The first volume is only 4 GW but this is only beginning”, he said.
Previously Mr. Budargin said that the project of the power bridge “Vladivostok-Seoul” comprises the construction of 1,000 km of power lines. It is planned to construct the underwater cable.

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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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