https://www.scmp.com/rss/503742/feed Li-Chen Sim, an assistant professor at Zayed University in the United Arab Emirates, is an expert on the political economy of energy in Russia and in the Middle East. Her concurrent area of research concerns the political economy of energy in the Gulf. Her latest book, Alternative Energy in the Middle East and North Africa, will be published in 2020. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Loss leader pricing involves selling a product below cost to get customers through the door to buy other highly profitable items. Walmart, Toys ‘R’ Us, Gillette and Nespresso have successfully deployed this strategy. Now, to this list, one can add Russian state-owned Gazprom. Gazprom’s US$55 billion Power of Siberia gas pipeline is its largest and most expensive project, and costs are estimated to take 10-15 years to recover. But with oil prices – to which gas prices are indexed – about 40 per... https://www.scmp.com/comment/opinion/article/3050751/real-aim-gazproms-new-siberian-gas-pipeline-get-china-board-major?utm_source=rss_feed https://www.scmp.com/comment/opinion/article/3050751/real-aim-gazproms-new-siberian-gas-pipeline-get-china-board-major?utm_source=rss_feed Sun, 16 Feb 2020 14:30:08 +0000