Russia Wants China To Prepay For Gas To Fund Pipe
From Reuters
Russian gas export monopoly Gazprom (GAZP.MM) wants China to pay up front for gas to meet 40 percent of the costs of building the pipeline, Russia”s energy minister said on Thursday, after the company reported progress in talks with Beijing.
Top energy producer Russia has been in negotiations to supply fuel-hungry China with natural gas for years but the talks have stalled due to failure to agree a price.
