Oil payments muddy Sino-Russian gas price talks

摘要

As spring turns to summer, a deal on pricing terms for the supply of Russian gas to China remains as elusive as ever. The parties were expected to reach an agreement in March, according to Alexander Medvedev, the export head of Russian gas monopoly Gazprom, speaking in mid-February. However, Beijing has delayed high-level talks with Moscow - originally scheduled for late May - because of a commercial dispute between Russian and Chinese companies over the price of oil supplies, as well as future supplies of Russian gas, a source close to the Russian government said May 24.