Search: Economy,Gas,Ukraine (1 material)

Ukraine’s Energy Future Lies in Good Governance, Not in Diversification

... by paying on average $700 million per year. It is estimated that at least 3 bcm of gas produced by Naftogaz and its subsidiaries do not reach intended customers in the residential/heating sector. REUTERS/Valentyn Ogirenko/Pixstream Anna Tsybulina: Ukraine's Economy: Where from and Where to? Mismanagement in the state-owned company is combined with the over-taxation of the private (‘independent’) gas producers. Ukraine’s 'independents' are an important domestic source of natural gas supplies. Ukraine produced 20.5 bcm of gas in 2014 , down 1.0 bcm when compared to 2013. Private producers, however, increased their output by 18 % to 3.3 bcm....


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