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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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