the Republic of Korea
the opening ceremony of KEEI symposium
regional energy cooperation in North East Asia”
September 15, 2006
Dear friends and Colleagues,
I am grateful to the Korea Energy
Economic Institute for the invitation to this symposium and for the opportunity
to address it.
The world economic growth entails not only the need for access to sales
markets, but also - on an ever larger scale - to energy resources. And it is but natural that energy security problems are
going to become an ever more urgent theme of multilateral and bilateral interaction
in Asia and beyond.
As you know, Russia has taken the issue of the
global energy security as the priority theme of its chairmanship in the Group
of Eight. Our country supports the
transparency and predictability of the energy markets, which should create when
combined with other measures the optimal terms for the partnership in the
global energy chain. In this case the interests of both producers and
consumers of the energy should be considered.
The seminar is dedicated to the
regional energy cooperation in the North-East Asia.
is an integral part of the region. I shall say more:
here as nowhere else our internal and foreign policy interests intertwine. It
is not just the matter of maintaining the security of our state borders, but
also the urgent issue of the economic upgrade of vast territories of Siberia
and our Far East and the exploration
and development of their enormous natural resources.
The achievement of these
goals we view through the development of closer economic partnership with our
neighbors which are also interested in it as they understand the fact that not
only Russia needs an economically
mobile and politically stable Asia, but Asia itself needs a strong and
It is doubtless from the
purely pragmatic point of view that the goal of common economic prosperity, the
fundamental idea of Asian integration, will be at least hard to reach without
the energy, scientific and intellectual potential of Russia.
The flow of investments from
all interested countries of the region on the balanced basis would surely make
it easier for us to tap our Siberian and Far Eastern energy resources. But with
all the complicity of this mission, as well as of the development of the Asian
part of Russia
as a whole, we are determined to solve it on our own. We have no intention of either
giving up our sovereignty or sharing it with anyone. This is the most important
condition for the cooperation with our partners in development of the natural
resources basing on the Russian law.
In the Russian-Korean
Joint Action Plan for economic, science, technology and culture cooperation the
energy dialogue was given a special priority, aimed at defining the mainstream
vectors of the interaction in the energy sector and strengthening the regional
energy cooperation in the North-East Asia. It
means a wide range of cooperation in different fields as of natural gas, oil,
coal and peaceful use of nuclear energy.
Considering the oil and
gas industry, the Russian Federation
and the Republic
of Korea are planning to
sign an Agreement on the cooperation in the gas industry, the text of which has
been approved already, that aims at the preparation of a long-term program of
the Russian natural gas supplies.
Besides that, the
contract signed between “Sakhalin Energy”, which explores and develops the
natural gas projects in Sakhalin, and the “KOGAS” of the Republic of Korea
provides the annual export of 1,5 million tons of LNG starting from 2008 for 20
There is also an
agreement on the working group on the issues of the natural gas export to the Republic of Korea by a pipeline, which is to be
formed by the authorized agencies of the two coutries.
consortium with participation of “Rosneft” was formed
for joint exploration and development of oil and natural gas resources on the Kamchatka Peninsula continental shelf. The preparation works for the drilling has already been completed
for the coming fall-winter season.
As President V.V.Putin of Russia has pointed out “the trustworthy and
benevolent relations between Russia
and the Republic
of Korea are of course
based on similarities in our vision of the modern world. But what is the most
important, it is a vast amount of initiatives on which Russians and Koreans are
working together”. Russian-Korean partnership, with the energy cooperation
being a great part of it, corresponds to vital interests of our two peoples as
well to strengthening peace and security in North-East
Asia and Asia-Pacific as a whole.
I wish a fruitful work to all
participants of this symposium.