ASSESSMENTS

Russia's Competition for Natural Gas Deals with China

Sep 12, 2013 | 10:38 GMT

Russia's Energy Ambitions in China

Summary

Editor's Note: This is the second installment of a two-part series on Russia's attempts to strike a major natural gas supply deal with China. Click here for Part 1. 

As China diversifies its options for natural gas suppliers, it is leveraging its position to get the best deals it can out of new contracts with Russia. Because Russia is counting on the Chinese natural gas market to help it move away from exporting energy to Europe, Moscow is offering concessions to Beijing, particularly in light of the growing competition it faces. 

Beijing's options for suppliers hinder Moscow's plans to stake a claim in the lucrative Chinese natural gas market....

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