Mikkal Herberg Quoted On Gas Talks Between China And Russia
Analysis: Last stand for Russia in China gas talks
10/13/2011
Melissa Akin,
Reuters
Risks are rising that Russia could lose a long-term deal to sell gas worth hundreds of billions of dollars to China as Beijing's pursuit of an expanding range of rival sources of supply strengthens its hand in the long-running talks.
Russian negotiators, meanwhile, have shown no willingness to compromise, even though Gazprom, the state-controlled gas export monopoly, needs to sell a lot of gas to finance a push into east Siberia, where vast untapped fields lie waiting and pipelines must be built to carry gas to customers.
Observers never tire of saying that Russia, the world's largest energy producer, and China, the fastest-growing energy market, are a match made in heaven.
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Mikkal Herberg is a senior lecturer on international and Asian energy at the Graduate School of International Relations and Pacific Studies, University of California, San Diego. He is also the BP Foundation Senior Research Fellow for International Energy at the Pacific Council on International Policy and also serves as research director on Asian energy security at The National Bureau of Asian Research.
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