Monday, April 14, 2014

Russia, China Aim to Finish Gas Talks Before Putin’s May Visit

MOSCOW (Reuters) – Russia and China aim to wrap up a 10-year series of talks about Russian gas supplies before President Vladimir Putin visits China in May, media quoted the deputy prime minister as saying on Monday.

The Russian deputy premier, Arkady Dvorkovich, also said China is interested in alternative energy projects on the Black Sea peninsula of Crimea, annexed by Russia from Ukraine in March.

Moscow and Beijing have been involved in painstaking talks about possible Russian gas supplies to China, with price being the main obstacle to a deal.

"The gas talks are wrapping up. There is a common intention to complete this work before the Russian president’s visit to China in May this year," Interfax news agency quoted Dvorkovich as saying in a meeting with Prime Minister Dmitry Medvedev.

Last week, Dvorkovich went to China as part of a Russian delegation to discuss cooperation in the energy sector.