Political and Commercial Catalysts
Both commercial and political considerations are encouraging Russia to seek alternative markets for gas exports, with the Asia-Pacific region providing an obvious route for diversification. In particular, the proximity of huge gas resources in East Siberia to the world’s fastest growing gas market in China provides a clear opportunity. Chapter 6 analyses the development of Sino-Russian gas relations and how Russian gas fits into the Chinese energy strategy. Russian and Chinese preferences are not always in harmony, and the picture is complicated by the fact that all three major Russian gas producers have set their eyes on exports to the east.
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