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Putin Says Russia Nears Deal on Supplying Natural Gas to China

Prime Minister Vladimir Putin said Russia is nearing an agreement with China to supply natural gas to the world’s biggest energy consumer.

“Those who sell always want to sell at a higher price, while those who buy want to buy at a lower price,” Putin said yesterday at the start of a meeting with Chinese Prime Minister Wen Jiabao in Beijing. “We need to reach a compromise that will satisfy both sides.”