Abstract
Today, energy plays a key role in daily life and is an important indicator of living standards. Demand for energy keeps growing every year. Because of the unique geographical location of the Ukraine and its gas storage capacities, the country plays a key role both in the European and the global fuel and energy markets. On the one hand, Ukraine is an energy-dependent country having no sufficient volumes of its own conventional energy sources (oil and gas). On the other hand, Ukraine is important for global energy markets, being a critical transit centre for exports of Russian oil and natural gas to Eastern and Western Europe. Meanwhile, Ukraine continues to develop its renewable energy sector.
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