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Country report
Apr 2020
Ukraine energy profile
…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 national currency (the hryvnia [UAH]) and high foreign steel demand and prices. Ukraine’s economy remained open and export-oriented, and it joined the World Trade Organization in 2008.Nominal gross domestic product (GDP) was UAH 3 559 billion in…