The gas market in China is very promising, because the country's energy needs are growing at a high rate, often outstripping production growth rates of other countries – producers of hydrocarbon resources. It is expected that gas consumption in 2011 will grow by more than 20% to 130 billion cubic meters, and by 2020 will reach 230 billion cubic meters. In this regard, China needs not only to diversify sources of gas consumption in the country, but also to ensure long-term contracts. I think the position of Russian side is fair, but I think that in order to conclude a contract with China, Gazprom will have to make some concessions."Finam Oil & Gas fund manager Roman Bessedovsky says the additional risk likely to be taken on by Gazprom to fund infrastructure construction means that Russia will be looking to stand firm on pricing."We expect the long-term upwards trend in world prices for hydrocarbons to continue.