Gas supply from Russia to China to make American LNG unprofitable
Edited by Rhod Mackenzie / 2014-11-20 06:30:19
Gas agreement between Russia and China can deal a death blow to LNG export from America. An expert C.Kobb said.
The Chinese market is expected to become the largest and more profitable for LNG exporters, Kobb writes. However, according to a famous geologist and consultant A.Berman, Russian supplies of pipeline gas can contribute to a reduction of LNG price on the Asian market to $350-390 per 1 thousand cubic meter. RIA Novosti reports.
