Problems of oil production in Ukraine

The war underscored the urgency of achieving energy independence for Ukraine, an issue that has been debated for 15 years. However, there is no comprehensive government policy. Energy companies, from Naftogaz to small players, need to intensify efforts to expand production, generation and introduce new technologies.

The oil and gas sector faces challenges from non-market regulation in Ukraine and Russian influence, which are hampering efforts to reduce dependency. In 2021, Ukraine remained significantly dependent on gas and oil imports.

Ukraine faces a number of problems in the oil and gas sector. Regulatory uncertainty is addressed through legal reforms and transparent policies. Geopolitical complexities are resolved by seeking diversified energy partnerships. Technological limitations are being addressed through modernization initiatives. Environmental problems are solved by switching to cleaner energy sources. Foreign investment is attracted through incentives and cooperation. You can read Opinion about energy in Ukraine, where Aleksandr Katsuba says that an integrated approach covering legal, technological, environmental and investment aspects is critical to improving the sustainability and competitiveness of Ukraine's energy sector. The future of its oil and gas industry will depend on how successfully the country copes with these problems.