Platts reports that China and Russia continue to be far apart on the price of gas under any agreement for Russia to export gas to China.
http://www.platts.com/RSSFeedDetailedNews/RSSFeed/NaturalGas/8024191
Russia is reported to want a price of US$350/1,000 cubic metres (US$9.90/mmbtu), with China offering US$235/1,000 cubic metres (US$6.65/mmbtu). Russia is selling Sakhalin LNG to China at a landed price of US$10.80/mmbtu.
Last year Russia and China signed an agreement for supply of 30 billion cubic metres a year from Russia starting in 2015, with the price to be agreed in 2011. At the time this was seen as a competitive threat to LNG. However China continues to pursue LNG while agreement with Russia does not appear likely any time soon.