China–Russia gas ties: limited near-term LNG impact

China-Russia-the-gas-hedge

The authors argue that China’s recent intake of Arctic LNG-2 cargoes and the Xi–Putin push to expand Power of Siberia flows are geopolitically significant but don’t materially displace LNG in the near term. The bigger shift is portfolio optionality for China in the 2030s: more pipeline flexibility, currency diversification, and leverage on LNG pricing—while most new Russian LNG projects are […]

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