Hype and the pipe: is the Power of Siberia really a threat to LNG?

THE new Power of Siberia gas pipeline from Russia to China which came online last week and is expected to transport 38 billion cubic metres of gas per year in five years doesn’t pose a threat to LNG, thanks to the higher tariff prices at its end point and low LNG spot prices. 

Hype and the pipe: is the Power of Siberia really a threat to LNG? Hype and the pipe: is the Power of Siberia really a threat to LNG? Hype and the pipe: is the Power of Siberia really a threat to LNG? Hype and the pipe: is the Power of Siberia really a threat to LNG? Hype and the pipe: is the Power of Siberia really a threat to LNG?
Wood Mackenzie Asia Pacific vice chair Gavin Thompson says he isn't convinced the Gazprom-built pipe, which will see China become the company's second largest customer, is competitively priced or