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Story summary
- China and Russia have stalled Power of Siberia 2 pipeline talks because of gas price gaps.
- China wants a price near its subsidised residential rate of US$50 per thousand cubic metres.
- Russia wants the price tied to Power of Siberia 1, about US$250-260 per thousand cubic metres.
- Gazprom and CNPC plan Far East gas supplies to China and discuss expanding Power of Siberia 1 deliveries.
