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Чхоль Хо Сон
Song Cheol-ho
Mayor of Ulsan Metropolitan City
EEF 2018
Russia–Republic of Korea
I would like to propose an area for economic cooperation between Korea and Russia. Cooperation in the energy sector based on Russian oil and natural gas […] I propose opening the ‘Rosan’ market. ‘Ro’ is for Russia and ‘San’ is the second part of the name of the city of Ulsan. It’s a market for the supply of Russian oil and gas throughout the energy markets of Northeast Asia with the ability to generate international prices based at the reservoir in Ulsan