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China Cancels Gas Talks

China has called off talks with Russia scheduled for May 30-31 to iron out disputes over the price of Russian oil and gas deliveries to China, two sources said Tuesday, citing Russian government documents.

Last week, Deputy Prime Minister Igor Sechin said Moscow and Beijing would discuss the price of pipeline crude deliveries at an energy dialogue later in May.

Gazprom also aims to wrap up pricing talks on future gas supplies to China in June, when Chinese President Hu Jintao is scheduled to visit an economic forum in Russia.

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