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
13 March 2026
Brussels is again weighing a cap on gas prices amid the Hormuz crisis, but the measure could backfire by deterring the LNG cargoes Europe urgently needs
12 March 2026
Emergency oil stocks provide a last line of defence to oil market shocks, so the IEA’s unprecedented 400m bl release represents something of a double-edged sword
12 March 2026
LPG could rapidly expand access to clean cooking across Africa and prevent hundreds of thousands of deaths from indoor air pollution each year, but infrastructure shortages and regulatory barriers are slowing investment and market growth
11 March 2026
Missiles over Dubai and disruption in Hormuz are testing the emirate’s reputation—and shaking the energy hub at the centre of the Gulf economy






