Indo-Asian News Service: South Korea has signed an agreement with Indonesia to produce wood pellets that are cheaper and cleaner to burn than fossil fuels, WAM reported. Korea forest service and Indonesian forest ministry signed a pact Friday to keep aside 200,000 hectares of forestland in Indonesia’s Kalimantan Island to produce wood pellets starting 2010, the report said Saturday. The Daejeon-based state forestry service said the deal signed on the sidelines of President Lee Myung-bak’s visit to …