Europe · UKR
Ukraine
A nuclear-and-coal system under attack. Generation, transmission and storage are now dual-use infrastructure.
Oil production
0.0 mb/d
0.2 mb/d demand
Net oil
-0.2 mb/d
Import gap
Gas production
18 bcm
Net -2 bcm
O&G rent
0.6%
Share of GDP
Oil balance
Production versus demand, 2025, million barrels per day.
Gas balance
Production versus demand, 2025, billion cubic metres.
Proven oil
0 bn bbl
Gas reserves
0.9 tcm
Refining
0.1 mb/d
LNG
No LNG
Hydrocarbon mix
Oil versus gas in this country’s oil-and-gas demand (oil-equivalent).
- Oil24%
- Gas76%
Economy
Winter capacity is a war economy. EU integration of the power market is the reconstruction bet. Gas transit rent from Russia is gone.
- GDP
- $0.2 tn
- Population
- 37.0 m
- Oil intensity
- 0.4 bbl /$1k
- Oil & gas rent
- 0.6% GDP
- Hydrocarbon trade
- 3.5% GDP
- Fiscal breakeven
- —
- $30 oil shock
- -10.4 pp GDP
- Club
- Independent
Projected oil demand
Regional IEA WEO 2025 oil pathways applied to this country’s 2025 baseline. STEPS 2035 demand 0.2 mb/d (net -0.1) versus NZE 0.1 mb/d (net -0.1).
| Scenario | 2025 | 2030 | 2035 | 2050 |
|---|---|---|---|---|
| Stated Policies | 0.2 | 0.2 | 0.2 | 0.1 |
| Net Zero 2050 | 0.2 | 0.2 | 0.1 | 0.0 |
| Current Policies | 0.2 | 0.2 | 0.2 | 0.1 |