06/03/2013, 00.00
JAPAN - RUSSIA
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Russia will offer electricity to Tokyo, after the closure of nuclear power plants

Electricity for 5.68 billion dollars from 2025. Russian companies response to Tokyo’s hunt for energy.

Tokyo (AsiaNews / Agencies) - According to the Nikkei business daily, the major Russian energy companies will supply electricity to the island of Hokkaido from 2025. The news was confirmed by Alexey Kaplun, director general of the Rao Energy System of East, the biggest energy company in eastern Russia, in an interview with the Japanese newspaper.

Since February the Rao Energy System of East and Inter Rao have been in negotiations with Japan Softbank Corp and Mitsui & co. for the export of 4 gigawatts of electricity to Japan starting in 2025. The energy produced from hydropower and fossil fuel plants on Sakhalin island will arrive in Hokkaido through underwater cables and will cost Tokyo about 5.68 billion dollars.

The Fukushima disaster in 2011 and the subsequent closure of nuclear power plants have forced the Japanese government and national energy companies to seek alternative energy sources abroad. Between the end of April and beginning of May, Prime Minister Shinzo Abe led a diplomatic tour that took in Russia, Turkey and Saudi Arabia, to weave new energy relationships with the presidents of their respective countries. On that occasion, the Russian President, Vladimir Putin and Japanese head of state relaunched diplomatic negotiations on the sovereignty of the southern Kurile Islands, a controversy that had led to a freeze in relations between the two countries dating back to the end of World War II.

 

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