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View Diary: So. What to do with Russia? (271 comments)

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  •  Because it's very expensive (0+ / 0-)

    and because China has not been willing, so far, to pay the market price for gas (given that it has access to cheaper (on purely monetary terms) coal) for the duration that would be needed to repay the initial investment.

    These pipelines will most likely happen at some point, but they are still several years off (and in any case they will tap gas from reserves that will never go to Europe, so there will be no competition for the gas going to Europe anyway).

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