On November 19, the likelihood of a gas conflict between Ukraine and Russia at the end of this year appeared to have been significantly reduced after Prime Minister Vladimir Putin made a key concession on gas trade at a meeting with his Ukrainian counterpart Yulia Tymoshenko in Yalta. Tymoshenko, a front-runner in the Ukrainian presidential race, walked away from the deal looking good. But analysts say that fundamental problems, such as Ukraine’s domestic gas policy, still remain a potentially explosive flashpoint in Russia-Ukraine gas relations in the near future.
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