Ukraine Energy:

Conditions Affecting U.S. Trade and Investment

GGD-92-129: Published: Aug 18, 1992. Publicly Released: Sep 21, 1992.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO examined the conditions affecting potential future U.S. investment in Ukraine's energy sector, focusing on: (1) trends and problems related to Ukraine's energy imports and production; (2) Ukraine's energy needs; (3) factors that discourage U.S. trade with and investment in Ukraine's energy sector; and (4) U.S. government efforts to aid Ukraine's energy sector.

GAO found that: (1) Ukraine's fossil fuels production has declined due to inappropriate use of production equipment and technologies, improper maintenance, lack of modern equipment and capital investment; (2) Ukraine may lose nuclear power plants; (3) Ukraine's energy imports have not offset production declines due to recent political and economic conditions; (4) Ukraine is seeking substantial foreign investment and technology to increase its fossil fuel production; (5) Ukraine will lease the right to produce mineral resources to enterprises, including foreign ones; (6) the United States and Ukraine do not have a bilateral investment treaty or an adequate bilateral tax treaty; (7) both countries are interested in establishing bilateral tax and investment treaties; (8) the U.S. government is assisting Ukraine's energy sector in such areas as environmental monitoring and enhancing the safety of nuclear power plants; and (9) the Department of Commerce cosponsored a conference on the political, legal and business climate in Ukraine.

Feb 14, 2018

Feb 6, 2018

Jan 29, 2018

Dec 14, 2017

Nov 21, 2017

Nov 13, 2017

Nov 2, 2017

Oct 31, 2017

Oct 26, 2017

Looking for more? Browse all our products here