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Gazprom Chases China Pipe Dream

Wall Street Journal Original article ›

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Global price negotiations for natural gas supplies. Europe is looking at diversifying its options and seeking lower prices. Russia is looking for alternative customers to increase its leverage with Europe. China is seeking a lower price from Gazprom than the prices Europe is paying, which average about $11 per million BTU's in 2011. A globalized market for natural gas reduces the premium prices Gazprom can charge.

Gazprom and China

06/21/2011

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Gazprom Chases China Pipe Dream

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In Reversal, Neighbors Squeeze Russia's Gazprom Over Natural-Gas Prices

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Gazprom's Net Surges 44%

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South Stream Wins Nod From Turkey

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Gazprom's negotiations with China for natural gas supplies

06/21/2011

Gazprom charges $11 per million BTU's for gas supplied to Europe in 2011. This is much higher than the prices China is willing to pay. Negotiations between Gazprom and China were stuck on price in 2011.

Grouped Articles

In Reversal, Neighbors Squeeze Russia's Gazprom Over Natural-Gas Prices

Wall Street Journal 05/02/2013

Gazprom Chases China Pipe Dream

Wall Street Journal 06/21/2011

Russia and China in Major Natural-Gas Supply Pact

Wall Street Journal 03/24/2013

Long Promised, the Global Market for Natural Gas Has Finally Arrived

WSJ 06/06/2017


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