Burisma and the case for Ukrainian energy independence
The reserves are there, but the government needs to help out, says the head of the country's largest independent gas producer
Kiev-based Burisma is striving to help Ukraine to become energy self-sufficient almost two years after the country stopped buying gas directly from neighbouring Russia. The drive to stimulate domestic energy output is critical to Ukraine's desire to break the Kremlin's grip on oil and gas supply as the two countries remain locked in conflict over control of the resource-rich Eastern region. Vadym Pozharskyi, advisor to the board at Burisma, Ukraine's largest private gas producer, believes energy independence must be achieved to safeguard the country's future as a sovereign state as well as its stability and prosperity. "Over the past few years, the Ukrainian government has done more to boost
Also in this section
3 May 2024
Upcoming elections are likely to deliver a win for the party of president Andres Lopez Obrador, but analysts differ over to what degree his successor will stick to his energy policies
2 May 2024
Faster-than-expected economic growth fails to mask macro imbalances and shifting structural oil product trends
1 May 2024
Energean CEO Mathios Rigas looks to results of critical Anchois appraisal well
30 April 2024
While its regional neighbours reap the rewards of oil and gas success, Iraq’s hydrocarbons sector is lagging behind