Since 2001, one of the main objectives of EU-Ukraine energy co-operation is to guarantee the overall performance, safety and security of the Ukrainian natural gas transit network. Ukraine is a key transit country for energy resources from Russia to the EU, particularly for gas where some 20% of the gas consumed in the EU is transited.
03 May 2013
Participants recognised the progress being made by Ukraine to increase its energy security, inter alia through the modernisation of its gas transportation system, the diversification of its sources of gas, and its efforts to move forward with gas sector reforms and restructuring of NJSC Naftogas of Ukraine in line with its Energy Community commitments. They recognised that Ukraine is at a crossroads, with a major opportunity to develop beyond its important traditional role as a transit country and also become a gas hub for Eastern Europe due to its conventional and unconventional gas resources, its extensive pipeline network and its important gas storage facilities.
In December 2005, on the margins of the EU-Ukraine Summit, a Memorandum of Understanding (MoU) on Energy was signed between the European Commission (EC) and the Ukrainian Government.
The safety of operating Ukrainian Nuclear power plants
The integration of electricity and gas markets
The security of energy supplies and the transit of hydrocarbons
The coal sector
Energy efficiency and renewable energies