Commodities
Russia Expects to Sell Gas to China at Half the Price for Europe
- Average pipe gas price to China seen at $271.6 in 2024
- Flows via Power of Siberia to China linked to oil prices
Rail wagons for oil, fuel and liquefied gas cargo at Yanichkino railway station in Moscow.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Russia expects to sell its pipeline natural gas to China at almost half the price for Europe in the next three years.
The gas price for China is expected to average $271.6 per 1,000 cubic meters next year compared with an average of $481.7 for clients in Europe and Turkey, according to the economic outlook through 2026 filed to Prime Minister Mikhail Mishustin on Friday and seen by Bloomberg News.