Michael Bradshaw

Much has been made of the agreement signed by Moscow and Beijing to get gas flowing from western Siberia to China. There is talk of Russia using the deal to offset its isolation from the west and circumventing the sanctions imposed over the Ukraine crisis.

Gazprom’s decision to hike the price of the gas it sells to Ukraine came as no surprise as it was flagged more than a month ago.

Much has been made of the agreement signed by Moscow and Beijing to get gas flowing from western Siberia to China. There is talk of Russia using the deal to offset its isolation from the west and circumventing the sanctions imposed over the Ukraine crisis.

Gazprom’s decision to hike the price of the gas it sells to Ukraine came as no surprise as it was flagged more than a month ago.