Subscribe to our free daily newsletters
  Oil and Gas News from OilGasDaily.Com  




Subscribe to our free daily newsletters



OIL AND GAS
Ukraine says chief goal is to be energy independent
by Daniel J. Graeber
Washington (UPI) Nov 22, 2017


The ultimate objective for Ukraine is not to reduce its dependency on Russia for energy, but to become energy independent, the country's prime minister said.

Ukraine serves as an energy bridge for Europe, hosting the pipelines that carry about 20 percent of the Russian natural gas headed west. Geopolitical risks to energy security escalated as Kiev moved closer to the European Union in recent years.

Vice Prime Minister Volodymyr Kistion this summer said a policy strategy through 2035 aims to cut energy consumption by half and boost both conventional and alternative sources of energy. He stressed, however, that the strategy is only a signpost.

Prime Minister Volodymyr Groysman said the country has not taken on Russian gas in more than a year, crediting the diversification with breaking the Kremlin's grip over the former Soviet republic.

"That's true that we import gas from abroad," he said in a statement. "But our aim is not to buy, but to become an energy independent state, and then to start exporting energy resources."

Ukraine by 2035 aims to get about half of its electricity needs met by nuclear power, 24 percent from hydropower and the rest for thermal-electric power stations. Eurocoal, an association that represents coal producers in the European region, said Ukraine has enough of its own coal to last for more than a century. Most of the coal reserves in Ukraine are found in Donetsk, an industrial city at the heart of the Ukrainian separatist movement.

Ukraine is among the Eastern European countries thought to be rich in shale natural gas reserves. Royal Dutch Shell at one point had a contract to explore what the Ukrainian government said was an area said to contain about 4 trillion cubic feet of shale natural gas.

Ukrainian energy security issues pre-date the outbreak of conflict that reached its zenith when Russia annexed the Crimean Peninsula in 2014. Former Prime Minister Yulia Tymoshenko was sentenced to seven years in prison a few years before the conflict on charges she abused authority when she helped broker a 2009 natural gas deal with Russia's Gazprom. She later faced a $2.4 million suit for mismanaging her country's United Energy Systems in the 1990s.

OIL AND GAS
Gambia emerging as new oil frontier
Washington (UPI) Nov 21, 2017
West African explorer FAR Ltd. said Tuesday that an independent audit has uncovered at least 1 billion barrels of oil offshore Gambia. FAR Ltd., an Australian company with a strong portfolio offshore West Africa, said an audit of geotechnical data show the Samo and Bambo prospects off the coast of Gambia hold combined best estimate prospective reserves of 1.1 billion barrels. Acc ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
The water world of ancient photosynthetic organisms

Coffee set to power London buses in green initiative

Cleaning Okinawan pig farm wastewater with microbial fuel cells

Sandia speeds transformation of biofuel waste into wealth

OIL AND GAS
Glass microparticles enhance solar cells efficiency

Expanding wavelength range for solar energy conversion

Artificial photosynthesis gets big boost from new catalyst

Recurrent Energy secures debt financing for 20 MW California solar project

OIL AND GAS
End tax credits for wind energy, Tennessee Republican says

New York sets high bar for wind energy

Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project

A kite that might fly

OIL AND GAS
Lightbridge and AREVA NP Sign Agreements to Immediately Advance Fuel Development

UK made grave errors over Hinkley nuclear project: MPs

Embattled Toshiba to boost capital by $5.3 bn share issuance

Swiss nuclear plant finds defective tubes from France's Areva

OIL AND GAS
Study settles prehistoric climate puzzle

UN climate envoys agree on way forward, despite Trump

Keeping it real: UN climate talks struggle to stay relevant

Artificially cooling planet 'risky strategy,' new research shows

OIL AND GAS
Free wheelin' in New York: the Big Apple bike boom

Volvo to supply Uber with self-driving cars

Want safe travels? Find freeways with these features

UK budget aims for driverless cars by 2021

OIL AND GAS
After fall of last town, IS loses grip over Iraqis

Fears of bombs, IS cells haunt Mosul months after 'liberation'

Iraq forces retake last IS-held town in country

Mosul jihadist families sent to Baghdad 'for expulsion'

OIL AND GAS
Chinese, N.Korean envoys discuss regional concerns: state media

Trump declares North Korea state sponsor of terror

US nuclear commander would resist 'illegal' order for strike

Japan, US stage naval drill amid N. Korea tension




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement