"We produce quite [a] lot of gas in Ukraine which now covers more than 60 percent of our country’s consumption… We will be increasing our gas production, and will become self-sufficient within a very short period of time," Demchyshyn said. "Reserves of Ukraine exceed 1 trillion cubic meters, while we consumed 34 billion cubic meters last year. We now produce 20 billion cubic meters ourselves."
|Ukrainian currency may have found a low|
Ukraine is a classic blood in the streets buy. The country wants to become independent of Russia regarding natural gas so I expect that the US and EU will be advising the government of Ukraine to keep its hands off of the gas industry. It also helps that Hunter Biden, Joe Biden's son, is on the board of directors of Burisma which is a 50/50 JV partner with Cub Energy. It is not coincidence that he was placed on that board and it certainly wasn't because he knows anything about oil and gas.