Russia's lack of diplomacy and pressure on Ukraine will cost "a terrible lot":
"A good diplomacy saves money, a bad one leads to losses. The way the Russian government treats a neighbor nation, Ukraine, is a good illustration of this simple adage.
Does Gazprom, a publicly traded commercial company, act in shareholders’ interests when it deals with Ukraine? After all, it was the largest foreign consumer of Russian natural gas, followed only by Germany: Ukrainian imports peaked at 59 billion cubic meters a decade ago. Anyone would expect the supplier to love and cherish such a lucrative niche on the traditional market. Last year the volume shrank to 32 billion and in 2013, if Ukrainian Prime Minister Nikolay Azarov is to be believed, it is going to total less than 20 billion. In another eight to ten years, Azarov suggested, Ukraine would buy no Russian gas at all. "
'via Blog this'
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