Putin yet to seal gas deal on China visit, wins support on Ukraine


  • World
  • Tuesday, 20 May 2014

SHANGHAI (Reuters) - China and Russia failed to sign a $400 billion gas supply agreement on Tuesday, despite growing urgency for the Kremlin to seal a deal as it faces economic and political isolation in the West over the crisis in Ukraine.

Negotiators from both countries have been unable to bridge differences on price, a spokesman for Russian President Vladimir Putin said in Shanghai, meaning that the contract was not signed on Tuesday as many in the industry had predicted.

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