UKRAINE’S CREAKING REFINERIES IN NEED OF SERIOUS INVESTMENT
October 1st, 2008
BY MARK ROWE
THE UKRAINE is a key player in any effective plan for guaranteeing European Union (EU) energy security without tugging forelocks in Moscow's direction. And while the country actually has 395 million barrels of proven oil reserves (the majority located in the eastern Dnieper-Donetsk basin), attention has recently focussed on the potential and actual role of the country's six refineries as a reliable source of product internationally.
Ukraine is responsible for transiting the lion's share of gas that Europe buys from Russia and Central Asia. And as ...
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