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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