Related Articles
Forward article link
Share PDF with colleagues

Western conflict with Russia could seal China gas supply deal

Western threats against Russian energy give China the perfect chance to seal a long-term gas supply deal on good terms

As Moscow and the West face off over the crisis in Ukraine, Russia has shown no qualms brandishing what it sees as its most potent weapon in the dispute: natural gas. Gazprom chief executive Alexei Miller on 7 March threatened to halt supplies to Ukraine if the country didn't settle its $1.9 billion debt and start paying for supplies flowing into the country by 1 April. He warned of "a return to the situation at the start of 2009", when supplies were cut off to Ukraine and as a result much of Europe. Yet Russia's gas weapon is not as potent as it might seem, largely because Gazprom's failure over the past decade to break into Asia's booming markets has left Russia almost completely reliant o

Also in this section
Turkey gears up
22 March 2017
The country must cross several hurdles before it can channel significant gas supplies to Europe
Mozambique needs less haste, less speed
8 March 2017
Bureaucracy, financing problems and last-minute wrangles are slowing Rovuma Basin projects
Evergreen gas problem
6 March 2017
After years of decline, the continent's demand is rising again, creating a new battlefield for exporters