China and Russia have not yet reached a price agreement on a long-awaited gas supply contract and talks are still continuing between both parties, the Kremlin’s spokesman Dmitry Peskov said on Tuesday.
“The visit is not over yet. Talks will continue … substantial progress is reached but there is still work to do on price,” Peskov told reporters as he accompanied President Vladimir Putin on a visit to China.
Russia, which shares a 4,300-kilometre (2,700-mile) border with China, is looking to shield itself from Western sanctions and has been pivoting towards Asia by ramping up energy deals.
