News Snapshot:
A leading energy analyst has said that Russian gas sales to China ''will not make up for the loss of European markets.'' Tatiana Mitrova, a research fellow at the Centre on Global Energy Policy, Columbia University said that, ''China’s real value is as a source of necessary goods after the West imposed sweeping sanctions on Moscow following the attack on its neighbour.'' ''Russia is exporting about 170 billion cubic meters (bcm) of natural gas to the European markets every year and the prices for the two buyers are dramatically different.'' “They are definitely not able to offset the whole exports...
