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Ukraine
Country Analysis Briefs
Profile
Country Overview
Chief of State Viktor Yushchenko
Prime Minister Viktor Yanukovych
Location Eastern Europe, bordering the Black Sea, between Poland, Romania, and Moldova in the west and Russia in the east
Independence 24 August 1991 (from the Soviet Union)
Population (2007E) 46,299,862
Languages Ukrainian (official) 67%, Russian 24%; small Romanian-, Polish-, and Hungarian-speaking minorities
Religion Ukrainian Orthodox - Kiev Patriarchate 19%, Orthodox (no particular jurisdiction) 16%, Ukrainian Orthodox - Moscow Patriarchate 9%, Ukrainian Greek Catholic 6%, Ukrainian Autocephalous Orthodox 1.7%, Protestant, Jewish, none 38% (2004 est.)
Ethnic Group(s) Ukrainian 77.8%, Russian 17.3%, Belarusian 0.6%, Moldovan 0.5%, Crimean Tatar 0.5%, Bulgarian 0.4%, Hungarian 0.3%, Romanian 0.3%, Polish 0.3%, Jewish 0.2%, other 1.8% (2001 census)
Economic Overview
Minister of Economy Anatoly Kinakh
Currency/Exchange Rate (2006) US $1=6.3 hryvnia
Inflation Rate, Change in consumer prices year-on-year (2006E): 9.0%; (2007E): 11.3
Nominal Gross Domestic Product (GDP), $US Billion (2006E): 106.1, (2007F): 122.8
Real GDP Growth Rate (2006E): 7.1%, (2007F): 5.0%
Unemployment Rate (2006) 2.7% (official estimate)
Net External Debt (2006) $32.4 Billion
Exports (2006) $38.9 Billion
Exports - Commodities ferrous and nonferrous metals, fuel and petroleum products, chemicals, machinery and transport equipment, food products
Exports - Partners (2006E) Russia 17.4%, Turkey 7.1%, Italy 5.7%
Imports (2006) $44.1 Billion
Imports - Commodities energy, machinery and equipment, chemicals
Imports - Partners (2006E) Russia 31.9%, Germany 11.9%, Turkmenistan 5.8%, Italy 4.5%
Current Account Balance (2005) -$1.61 Billion
Energy Overview
Minister of Fuel and Energy Yuriy Boyko
Proven Oil Reserves (January 1, 2007E) 0.4 billion barrels
Oil Production (2006E) 75.8 thousand barrels per day, of which 86% was crude oil.
Oil Consumption (2006E) 342.9 thousand barrels per day
Net Oil Imports (2006E) 264 thousand barrels per day
Crude Oil Distillation Capacity (2007E) 879.8 thousand barrels per day
Proven Natural Gas Reserves (January 1, 2007E) 39 trillion cubic feet
Natural Gas Production (2005E) 685 billion cubic feet
Natural Gas Consumption (2005E) 3,079 billion cubic feet
Net Natural Gas Imports (2005E) 2,364 billion cubic feet
Recoverable Coal Reserves (2005E) 37,647.2 million short tons
Coal Production (2004E) 69.3 million short tons
Coal Consumption (2004E) 77.5 million short tons
Electricity Installed Capacity (2004E) 52.4 gigawatts
Electricity Production (2004E) 177.3 billion kilowatt hours
Electricity Consumption (2004E) 158.9 billion kilowatt hours
Total Energy Consumption (2004E) 6.5 quadrillion Btus*, of which Natural Gas (49%), Coal (24%), Oil (12%), Nuclear (14%), Hydroelectricity (1%)
Total Per Capita Energy Consumption (2004E) 137.1 million Btus
Energy Intensity (2004E) 18,443.4 Btu per $2000-PPP**
Environmental Overview
Energy-Related Carbon Dioxide Emissions (2004E) 365.5 million metric tons, of which Natural Gas (46%), Coal (40%), Oil (14%)
Per-Capita, Energy-Related Carbon Dioxide Emissions (2004E) 7.7 metric tons
Carbon Dioxide Intensity (2004E) 1.0 Metric tons per thousand $2000-PPP**
Environmental Issues inadequate supplies of potable water; air and water pollution; deforestation; radiation contamination in the northeast from 1986 accident at Chornobyl' Nuclear Power Plant
Major Environmental Agreements party to: Air Pollution, Air Pollution-Nitrogen Oxides, Air Pollution-Sulfur 85, Antarctic-Environmental Protocol, Antarctic-Marine Living Resources, Antarctic Treaty, Biodiversity, Climate Change, Climate Change-Kyoto Protocol, Endangered Species, Environmental Modification, Hazardous Wastes, Law of the Sea, Marine Dumping, Ozone Layer Protection, Ship Pollution, Wetlands signed, but not ratified: Air Pollution-Persistent Organic Pollutants, Air Pollution-Sulfur 94, Air Pollution-Volatile Organic Compounds
Oil and Gas Industry
Organization Naftogaz Ukrainy is the state oil company, and is involved in almost all oil and gas projects in the country. With the exception of Gazprom, there are very few foreign investors in Ukraine’s energy industry.
Major Oil/Gas Ports Odessa (Pivdenny), Feodosiya, Sevastopol, Mariupol
Major Oil Pipelines (capacity, MMBD) Druzhba (1.2), Prydniprovski Main Pipeline (2.1), Brody-Odessa (180 initially, 500 eventually)
Major Natural Gas Pipelines (capacity, Tcf) Northern Lights, Progress, Soyuz, Brotherhood - all 1 Tcf
Major Refineries (capacity, bbl/d) Kremenchuk (372,000), Lisichanksk (320,000), Kherson (118,000), Halychyna/Drohobych (86,000), Odessa (80,000), Naftokhimnik Prykaprpattya (50,000)
* The total energy consumption statistic includes petroleum, dry natural gas, coal, net hydro, nuclear, geothermal, solar, wind, wood and waste electric power. The renewable energy consumption statistic is based on International Energy Agency (IEA) data and includes hydropower, solar, wind, tide, geothermal, solid biomass and animal products, biomass gas and liquids, industrial and municipal wastes. Sectoral shares of energy consumption and carbon emissions are also based on IEA data.
**GDP figures from OECD estimates based on purchasing power parity (PPP) exchange rates.

Country Analysis Briefs

August 2007
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