PLANS FOR RUSSIA–JAPAN ENERGY BRIDGE TO BE PRESENTED AT EASTERN ECONOMIC FORUM
13 July 2016
The news emerged following a meeting between Anatoly Yanovsky, Deputy Energy Minister of the Russian Federation, and Shigeru Murayama, who was leading a delegation from the Japan Association for Trade with Russia and the New Independent States (ROTOBO), reports the Komsomolskaya Pravda website.
Russia’s RusHydro and Japan’s Mitsui plan to present a financial model of the project. The Japanese have declared an interest in expanding cooperation with Russian companies in the energy sector. As a positive example of collaboration between the two countries, it was noted that coal exports from Russia to Japan have increased in recent years.
“Our task now is to significantly strengthen our transport options for supplying coal to countries in the Asia-Pacific region. In particular, the programme for the development of the coal industry between now and 2035 sets out specific measures enabling eastbound coal supplies to be increased”, said Mr Yanovsky.
In addition, the two sides discussed potential areas of bilateral cooperation, including working together in the electricity sector and in the fields of energy efficiency and renewable energy.