China will not pay the prices for Russia's natural gas in the quantities that Vladimir Putin needs to make up for the European market he lost after his invasion of Ukraine, the Russian president's former deputy energy minister has told Newsweek.
Russia's lack of another overland route for its gas exports means Gazprom would probably have to accept China's conditions, the FT reported.Last month Milov produced a report for the Atlantic Council outlining how Gazprom's upstream gas-production base is isolated because of a lack of infrastructure connecting western Siberian fields with alternative Asian markets.His report also cited Gazprom's failures in building LNG plants to reroute the energy resource.