Russia capable of building eastern pipeline by itself: FM

Russia is entirely capable of building Eastern pipeline by its own capital, and there is no need to take a loan from Japan, Russian Foreign Minister Sergei Lavrov stated at the St. Petersburg international economic forum on Tuesday.

“We have the money. We have an enormous budget surplus” to build an oil pipeline network from Eastern Siberia to the Pacific, Lavrov was quoted by the Interfax news agency as saying.