China, Russia agree in principle on gas price: Putin

China, Russia agree in principle on gas price: Putin
Beijing (AFP) Oct 15, 2009 - Russian Prime Minister Vladimir Putin said Wednesday that Gazprom and China's CNPC had agreed in principle on a pricing mechanism for future Russian gas deliveries to the energy-hungry Asian giant. Putin, speaking to reporters at the end of a visit to Beijing, said the Russian gas giant and China National Petroleum Corp would peg the gas price to an "Asian oil basket", without elaborating. ... more

http://www.energy-daily.com/reports/China_Russia_agree_in_principle_on_gas_price_Putin_999.html