Negotiations for the Power of Siberia-2 gas pipeline between Russia and China have stalled due to disagreements over pricing and purchase commitments. Beijing has demanded to pay prices close to Russia's heavily subsidized domestic rates and has only committed to buying a fraction of the pipeline's planned annual capacity of 50 billion cubic meters of gas. This has caused significant friction, with Russia viewing China's demands as unreasonable. Despite the current impasse, the Kremlin has stated that commercial talks will continue and expressed confidence that an agreement will eventually be reached.
Russia's effort to conclude a major gas pipeline deal with the PRC is running into obstacles as Beijing is demanding a price close to Russia’s heavily subsidised domestic price. https://t.co/8Yl1wRrpk9 https://t.co/lxWnNj4TL5
JUST IN: The Financial Times reports that Russia's attempt to finalize a major gas pipeline deal with China has 'run aground over what Moscow sees as Beijing’s unreasonable demands on price and supply levels'
Good morning, New York. While you were sleeping, our most-read story was on a Russia-China gas pipeline deal being stalled over Beijing’s price demands https://t.co/xksHew8wRu
⚠️ KREMLIN ON FT REPORT THAT CHINA SEEKS GAS PRICE IN TALKS WITH GAZPROM CLOSE TO RUSSIA'S DOMESTIC PRICE: COMMERCIAL TALKS ARE NOT TO BE DISCLOSED FOR PUBLIC **KREMLIN: GAS TALKS WILL CONTINUE, THERE IS NO DOUBT THE AGREEMENTS WILL BE REACHED **KREMLIN: RUSSIA AND CHINA ARE…
⚡️ Russia-China gas deal ran aground over Beijing's tough demands, FT reports. https://t.co/QhAZXeZZiW
Negotiations on the construction of a major new pipeline for the export of Russian natural gas to China have stalled due to what Moscow considers “unreasonable” price demands from Beijing, the Financial Times reported on Sunday. ⤵️ https://t.co/rmYtHXHceq
Russia-China gas pipeline deal stalls over Beijing's price demands - FT https://t.co/eE2M65qMNJ
Financial Times: China demands that Russia sell gas to it at "domestic" prices Russia's attempts to strike a major gas pipeline deal with China have stalled. "China has asked for a price close to heavily subsidized Russian domestic prices and is committed to buying only a… https://t.co/1aAoDdHyo9
China had asked to pay close to Russia’s heavily subsidised domestic prices and would only commit to buying a small fraction of the pipeline’s planned annual capacity, people familiar with the matter said https://t.co/afPf1I6cPc https://t.co/GrRYW0Vort
FirstFT: Russia-China gas pipeline deal hits snag https://t.co/VgOT6OjWGZ
An update on “friendship without limits”: China had asked to pay close to Russia’s heavily subsidised domestic prices and would only commit to buying a small fraction of the pipeline’s planned annual capacity of 50bn cubic metres of gas. https://t.co/yDOMhFBZGA
An update of “friendship without limits”: China had asked to pay close to Russia’s heavily subsidised domestic prices and would only commit to buying a small fraction of the pipeline’s planned annual capacity of 50bn cubic metres of gas.
#Russia-#China gas pipeline deal stalls over Beijing’s price demands - https://t.co/Jq9dIHopht
FT: Russia-China gas pipeline deal stalls as Beijing plays hardball over prices #TomorrowsPapersToday https://t.co/2eyg53KI6F
Russia-China gas pipeline deal stalls over Beijing’s price demands, as Xi ignored Putin’s pleas for closer economic support (but did bow to his request not to attend the Ukraine peace summit) https://t.co/7XMb7cb5XC @ft w crack team @maxseddon @NastyaStognei & @leahyjoseph
We found out why Russia and China can't agree on the Power of Siberia-2 gas pipeline. China wants to pay close to the subsidized Russian domestic price and will only commit to buying a fraction of capacity: with @NastyaStognei @HenryJFoy @leahyjoseph https://t.co/0offI4HZS9
RUSSIA-CHINA GAS PIPELINE DEAL STALLS OVER BEIJING'S PRICE DEMANDS - FT
Russia-China gas pipeline deal stalls over Beijing’s price demands https://t.co/wq8n6E3DgI