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Nord Stream and South Stream have considerably weakened Ukraine's position (Photo: gazprom.ru)

Ukraine's New Year gas nightmare

Throughout 2011 Ukraine was locked in a dispute with Russia over gas prices. The quarrel is set to escalate in 2012 as Russia squeezes Kyiv to choose deeper integration with Moscow in exchange for cheaper gas.

The current gas contract, agreed in 2009 between Russian Prime Minister Vladimir Putin and former Ukrainian prime minister Yulia Tymoshenko, was formulated in a way that saw a gradual increase in price.

While the deal kicked-off with a reduced price, Ukraine must now pay m...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

Nord Stream and South Stream have considerably weakened Ukraine's position (Photo: gazprom.ru)

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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