Europe / Caspian / CIS
Country profile: Ukraine
| Location: | Eastern Europe, bordering the Black Sea, between Poland, Romania, and Moldova in the west and Russia in the east |
| Climate: | temperate continental; Mediterranean only on the southern Crimean coast; precipitation disproportionately distributed, highest in west and north, lesser in east and southeast; winters vary from cool along the Black Sea to cold farther inland |
| Terrain: | most of Ukraine consists of fertile plains (steppes) and plateaus, mountains being found only in the west (the Carpathians), and in the Crimean Peninsula in the extreme south |
| Size: | 603700 sq. km total (Land area: 603700 sq. km ) |
| Population: | 45,994,287 (July 2008 est.) |
| Languages: | Ukrainian (official) 67%, Russian 24%, other 9% (includes small Romanian-, Polish-, and Hungarian-speaking minorities) |
| Government: | republic |
| Capital city: | Kyiv (Kiev) |
| Legal system: | based on civil law system; judicial review of legislative acts; has not accepted compulsory ICJ jurisdiction |
| Currency: | hryvnia (UAH) |
| Licensing: |
Country profile
Ukraine's geographic position, linking East and West, while also holding critical warm water ports on the Black Sea, has made the country a trade link of growing importance between the former Soviet Union and Europe for energy and other goods. Ukraine is one of Europe’s largest energy consumers, and it consumes over twice as much energy per unit of GDP than Germany.
In 2005, almost half of Ukraine’s energy consumption came from natural gas, and over 75 percent of this natural gas came from Russia. Since 2004, the price of imported natural gas from Russia has almost doubled. The economic impact of these price increases on the economy will depend on the pace at which Ukraine can implement energy efficiency reforms. For a more in-depth discussion of the recent increases in natural gas prices and energy efficiency reform in Ukraine, please consult a February 2007 IMF
Energy production and consumption
| Oil | Gas | |
| Production: | 90,400 bbl/day (2006) | 20 billion cu m (2006 est.) |
| Consumption: | 284,600 bbl/day (2006) | 73 billion cu m (2006 est.) |
| Exports: | 214,600 bbl/day (2006) | 4 billion cu m (2006 est.) |
| Imports: | 469,600 bbl/day (2006) | 57 billion cu m (2006 est.) |
| Reserves: | 395 million bbl (1 January 2006 est.) | 1 trillion cu m (1 January 2006 est.) |
| Major fields: |
Ukraine - recent news
| 12 Dec 24 |
Ukraine: Nordex Group receives order from Ukraine for 40 MW The Nordex Group has received an order from Eco-Optima for 40 MW in Ukraine with a curtailed and tailored logistic and installation scope. The turbines destined for the 40 MW Sokal Wind Farm north of Lviv in the west of the country will be installed on 118-meter tubular steel towers and will be operated with a nominal output of 5.7 MW. |
| 27 Nov 24 |
Ukraine: Enwell Energy reports lifting of suspensions of MEX-GOL, SV and VAS Licences Enwell Energy, the AIM-quoted oil and gas exploration and production group, advises that it has obtained interim rulings from the Poltava District Administrative Court in Ukraine to lift the respective suspensions of the Company’s Mekhediviska-Golotvshinska ('MEX-GOL'), Svyrydivske ('SV') and Vasyschevskoye ('VAS') production licences in Ukraine. |
| 25 Nov 24 |
Ukraine: Enwell Energy announces suspension of MEX-GOL, SV and VAS production licences nwell Energy, the AIM-quoted oil and gas exploration and production group, has advised that the State Geologic and Subsoil Survey of Ukraine (the 'SGSS') has issued orders dated 15 November 2024 to suspend the Company’s Mekhediviska-Golotvshinska ('MEX-GOL'), Svyrydivske ('SV') and Vasyschevskoye ('VAS) production licences in Ukraine. |
| 21 Oct 24 |
UK: RWE submits planning application for 36 MW Abertillery Wind Farm Wales’ largest renewable energy generator has submitted plans to build a six-turbine wind farm with the potential to generate power equivalent to the needs of approximately 50,000 homes on a site around 10 miles north of Newport. RWE’s proposed Abertillery Wind Farm has a planned capacity of approximately 36 MW. |
| 02 Oct 24 |
UK: Serica Energy provides update on Bittern B6 well production AIM-listed Serica Energy has confirmed that the B6 well on the Bittern field, which commenced initial flowback to the Triton FPSO on 11 September, is now producing at a stable rate. |
Ukraine - more news
Other countries in this region
- Afghanistan,
- Albania,
- Armenia,
- Austria,
- Azerbaijan,
- Belarus,
- Belgium,
- Bosnia and Herzegovina,
- Bulgaria,
- Croatia,
- Cyprus,
- Czech Republic,
- Denmark,
- Estonia,
- Faroe Islands,
- Finland,
- France,
- Georgia,
- Germany,
- Greece,
- Greenland,
- Hungary,
- Iceland,
- Ireland,
- Italy,
- Kazakhstan,
- Kyrgyzstan,
- Latvia,
- Lithuania,
- Luxembourg,
- Malta,
- Moldova,
- Montenegro,
- Netherlands,
- Norway,
- Poland,
- Portugal,
- Romania,
- Russia,
- Serbia,
- Slovakia,
- Slovenia,
- Spain,
- Sweden,
- Switzerland,
- Tajikistan,
- Tatarstan,
- Turkey,
- Turkmenistan,
- United Kingdom,
- Uzbekistan
