Russia Fails to Sign China Gas Deal at Shanghai Meeting
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The presidents of China and Russia failed to sign a $400 billion gas supply deal at a meeting yesterday in Shanghai, prolonging negotiations that started more than 10 years ago.
Talks are continuing as the two countries seek a compromise, Alexey Miller, chief executive officer of Russian gas-exporter OAO Gazprom, said in a statement after Vladimir Putin and his Chinese counterpart Xi Jinping signed bilateral agreements that didn’t include the gas deal.