Editing Economy of Ukraine (section)

=====Fuel industry=====
Ukraine remains heavily reliant on oil product and gas imports.<ref name=":0" /> Russia ranks as Ukraine's principal supplier of oil, and Russian firms own and/or operate the majority of Ukraine's refining capacity. Natural gas imports come from Russia – which delivers its own gas, as well as the gas from Turkmenistan.{{Citation needed|date=May 2022}}

Ukraine has been a key transit point for [[Russia in the European energy sector|EU imports of Russian gas]],<ref name=":1" /> and its pipeline system has been a crucial player in European energy supply, despite recent diversification of transit routes by Russian oil companies such as [[Gazprom]].<ref name=":0" /> Since the [[Russia–Ukraine gas disputes|2014 Russia–Ukraine gas disputes]], the latter's dependence on Russian gas supplies has dramatically affected its economics and foreign policy.{{Citation needed|date=May 2022}}

Ukraine was independent in its electricity supply, and exported electricity to Russia and other countries of Eastern Europe. This was achieved through a wide use of nuclear power and hydroelectricity. Its energy strategy intended a gradual decreasing of gas- and oil-based generation in favour of nuclear power, as well as [[Energy conservation|energy saving]] measures including lower industrial gas consumption. Reform of the still inefficient and opaque energy sector was a major objective of the International Monetary Fund (IMF) and World Bank programs with Ukraine.{{Citation needed|date=May 2022}}

Ukraine was a partner country of the European Union's [[INOGATE]] energy programme, which had four key topics: enhancing energy security, convergence of member state energy markets on the basis of [[Energy policy of the European Union|EU internal energy market]] principles, supporting sustainable energy development, and attracting investment for energy projects of common and regional interest. INOGATE was discontinued in 2016.<ref>{{Cite web|url=http://www.inogate.org/|title=INOGATE|website=www.inogate.org}}</ref>