Fears that Russian gas exports will be sent to other markets such as China instead of Europe are overstated, said Julian Lee, senior energy analyst at the Centre for Global Energy Studies, speaking Feb. 14 at the International Petroleum Week conference in London.“Europe and Russia share [an] oil-related gas pricing philosophy that China doesn’t have,” he said about the security of European gas supplies. “In China, gas would compete with coal, and there is a big gulf between what China will pay and what Russia wants to charge for its gas.”China is seeking Russian gas, and Russia has proposed building two 30-40 billion cu m/year gas pipelines from Western Siber...