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I think that Russians have some more time yet to come to agreement with Chinese on prices. They continue construction of pipelines from Sakha republic (Yakutia) (and probably from Eastern Siberia where formerly Yukos fields were located) to the south but it will take few more years to reach the Chinese border.

By the way I read somewhere (I don't remember now maybe in Taliban book by Ahmed Rashid) that Central Asian oil and gas resources estimates were quite exaggerated in 1990s. So these stans are not real alternative to the Gulf in any big way.

by FarEasterner on Sun Dec 27th, 2009 at 10:37:27 AM EST
You cannot build part of a pipeline - you need to build the whole bit because a pipeline with no market at the end is worthless.

New fields may get connected to the existing network, but that doesn't really answer the "connecting to China" bit of the pipe.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sun Dec 27th, 2009 at 12:20:28 PM EST
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