The chances of a gas pipeline from Russia to South Korea through the territory of North Korea—a decade-old idea that was on hold due to North Korea’s hostilities—have now risen with the recent rapprochement between the North and South, but political and economic hurdles to the project remain. South Korea’s state-run Korea Gas Corp (KOGAS) and Russian gas giant Gazprom will carry out a joint pipeline study, Reuters reports , quoting South Korea’s energy ministry. Resource-poor South Korea imports most of its energy, and until recently it was the world’s second-biggest liquefied natural gas (LNG) importer, before China surpassed it last year. Gazprom has resumed talks with South Korea over the idea to build the gas pipeline from Russia’s Far East to South Korea through North Korea, Vitaly Markelov, Deputy Chairman of Gazprom’s Management Committee, said two weeks ago. Gazprom had the idea to deliver 10 bcm of natural […]