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Ukraine energy profile
…by area. Located at the crossroads of the European Union, the Russian Federation (Russia), and the Black Sea and Caspian regions, Ukraine has abundant mineral resources including oil, natural gas and coal, and great hydro and biomass potential. With its considerable population and high energy consumption, it is one of Europe’s largest energy markets. It is also the country that transits the most natural gas in the world, playing a key role in delivering Russian gas to European markets.Ukraine experienced a long period of very strong economic growth in 2000-07, owing to low gas prices, a strong…
