He said Russia had rejected that and asked what Mr Putin's response was, Mr Key said "He didn't say much."
Putin was centre of attention during the summit as leader after leader spoke out against him and sometimes criticised him to his face in talks on the sidelines. A spokesman for Canada's PM Stephen Harper told CBS that when Mr Putin approached Mr Harper at the leaders' retreat, Mr Harper had responded with: "I guess I'll shake your hand but I have only one thing to say to you: You need to get out of Ukraine."
Mr Key said he was not surprised that other leaders had expressed their views to Putin so forthrightly during the Summit.
"They've put out very strong statements over the last few months and you wouldn't expect them to turn up to an international event like G20 and then present a different view. That doesn't mean you need to be rude or disrespectful, but you wouldn't change your position."
He denied that New Zealand's lack of sanctions was undermining the message being sent by other Western leaders.