Ukraine has every opportunity to achieve energy independence by boosting its own resource development , first of all, gas production, and liberalizing the fuel market, and as a result to ensure the systematic reduction of gas prices within the country. This was announced by Prime Minister of Ukraine Volodymyr Groysman on air of the ICTV channel in the Freedom of Speech program.
"We have managed to halt the decline of our own production, and by the end of the year we will have 650-700 million cubic meters of our own gas. Due to investment attraction and reasonable market regulation, we will achieve energy independence and we will systematically reduce the price of gas within the country," emphasized the Prime Minister.
In this regard, he stressed that the increase in extraction will occur simultaneously with the modernization of industry through the introduction of sectoral support programs and the possibility of installment payment of VAT when importing the necessary equipment, and simultaneously with the introduction of energy efficiency programs. According to the Head of Government, the total funding for such programs will amount to UAH 4 billion.
"We are planning an ambitious sum worth than 2 billion hryvnias for energy efficiency in the draft state budget, and we expect the same indicator of attracting funds from international partners (within the framework of the launch of the Energy Efficiency Fund)," the Head of Government underscored.