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In the early 2010s, Ukraine was noted as possessing many of the components of a major European economy, such as rich farmlands, [32] [33] a well-developed industrial base, highly trained labour, and a good education system. [34] It also has important mineral resources. [35] In October 2013, the Ukrainian economy lapsed into a recession. [36]
Ukraine has been estimated to possess natural gas reserves of over 670 billion cubic meters (in 2022), [15] and gas is an important part of energy in Ukraine. In 2021, Ukraine produced 19.8 billion cubic meters (bcm or Gm 3) of natural gas. To satisfy domestic demand of 27.3 bcm that year, Ukraine relied on gas imports (2.6 bcm) and withdrawal ...
Ukraine extracts about 20 billion cubic meters of fossil gas each year, and since 2022 this has almost met demand. [1] Ukraine has been estimated to possess natural gas reserves of over 670 billion cubic meters (in 2022), [2] and gas is an important part of energy in Ukraine. In 2021, Ukraine produced 19.8 billion cubic meters (bcm or Gm 3) of ...
Europe's second largest country, Ukraine is a land of wide, fertile agricultural plains, with large pockets of heavy industry in the east. While Ukraine and Russia share common historical origins ...
This is a list of administrative divisions of Ukraine sorted by their gross regional product (GRDP) per capita. GRDP is the regional counterpart of the national gross regional domestic product (GDP), the most comprehensive measure of national economic activity.
Ukraine possesses substantial natural reserves of iron ore. Ore mining exceeds the demands of domestic steel mills, but export potential is weakened by high extraction costs. [6] The Ukrainian iron and steel industry is concentrated in central , southern (Zaporizhia, Nikopol) and eastern (Dnipro, Donets Basin, Mariupol) regions of Ukraine.
A 2023 survey showed that 25 of 34 minerals deemed "critical raw materials" by the European Commission were found in Greenland. The extraction of oil and natural gas is banned in Greenland for ...
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