China-Russia pipeline would be ‘shock’ to global LNG trade: analysts

Source: China – South China Morning PostThe long-delayed Power of Siberia 2 pipeline between Russia and China would create a “structural shock” if it begins operations, analysts said, and cause “strategic and market challenges” for the United States, the world’s current largest liquefied natural gas (LNG) exporter.
While President Xi Jinping and his Russian counterpart Vladimir Putin stood shoulder to shoulder at last week’s Shanghai Cooperation Organisation summit, Gazprom CEO Alexey Miller was quoted as saying the Russian oil giant…Read More

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