Moscow-Moscow and Beijing have reached an agreement in principle on how to price Russian crude supplies to China via the ESPO pipeline, Russian Deputy Prime Minister Igor Sechin and China's Premier Wen Jiabao said October 11. The two have been in dispute for some months after Russia said China was falling behind on its payments for Russian pipeline crude, which began at the start of this year. Beijing said it was applying a different transportation tariff methodology to that requested by Moscow.
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