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Itera seeks S.Korean partner to develop East Siberian coal field

27.04.2009

MOSCOW, April 27 (RIA Novosti) - The board chairman of Itera, one of Russia's largest independent oil suppliers, said on Monday he would hold talks with potential partners in South Korea to develop a coal field in East Siberia.

"I will soon fly to South Korea for talks on Apsatskoye," Vladimir Makeyev told reporters, adding that negotiations with Russian partners, including domestic steel giants, had brought no results.

Reserves at the Apsatskoye field amount to 2.2 billion metric tons of coal and up to 180 billion cubic meters of methane, the primary component of natural gas.


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