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1 of April, 20:31

WSJ: Ukraine makes large errors in the energy sector
The government of Ukraine is obliged to declare the privatization of state organizations working in the field of energy, and to reduce the punitive tax rates for local producers of oil and gas, says Ariel Cohen, Director of the Center for energy, natural resources and geopolitics of the Institute for the analysis of international security (Washington, DC). About this he writes in his column on the page.

review expert, Kyiv declared ill-conceived, anti-market policy, which is set to kill domestic production ". Ukraine's dependence on Russian supplies of natural gas and uranium fuel for nuclear power plants Cohen called " the greatest challenge of energy security ".

according to him the major Western investors (Shell, BP, Chevron and VITOL) and so stopped or suspended exploration and production of hydrocarbons in Ukraine after the beginning of hostilities in the East.

Now, according to Cohen, Kiev " imposed exorbitant taxes on local producers of oil and gas ". Eventually, he predicts, local production of energy carriers will increasingly fall into depression " and "billions of dollars a year will continue to be" Gazprom ".

As before, wrote the authors, the U.S. wants to gain access to the Ukrainian shale gas. The Chevron company has already acquired the rights to shale gas extraction in Ukraine, and the son of Vice President of the United States hunter Biden enters the gas Board organization Burisma engaged in gas production in Ukraine, they resembled.

sections: Politics

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