Expert: Russia and the United States to clash in the battle for the Chinese gas market.
Edited by Rhod Mackenzie / 2015-02-05 06:46:07
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In the short term Russia and the United States will have to come together in a battle for the Chinese gas market. Russian pipeline gas will compete with American LNG. This point of view was expressed by Keun-Wook Paik, the analyst of the Royal Institute of International Affairs (Chatham House), during an interview with Sputnik.
As the expert explained, today the LNG imports in China is 20 million tons per year. And in 2020, according to his estimation, it will increase to 45-50 million tons per year.