April 21, 2011 / 7:48 AM / 7 years ago

China sees win-win solution to Russia oil pipeline dispute

BEIJING, April 21 (Reuters) - An oil pricing dispute between China and Russia can be resolved cordially, a Chinese Foreign Ministry spokesman said on Thursday, a day after Russia’s pipeline operator Transneft (TRNF_p.MM) threatened to take China’s state oil firm CNPC to court in London for underpaying. [ID:nLDE73J1Q2]

“At present all operations are going smoothly and oil supplies are stable,” Foreign Ministry spokesman Hong Lei told a regular press briefing.

“As for some concrete problems encountered during cooperation, we believe both sides can fully resolve this in a positive way via friendly negotiations and on a mutually beneficial, win-win basis.” (Reporting by Ben Blanchard, writing by Tom Miles; Editing by Jacqueline Wong)

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