Energy Security

Wednesday, April 19, 2023 | Houston, TX
Tags: Ukraine
The energy sector is key to the success of UkraineÕs economic reform, battle with corruption, and independence from Russia. Energy represents one of UkraineÕs greatest vulnerabilities, as well as a source of potential strength; it must be central to a broader, more comprehensive economic reform plan. The Kremlin has used energy (including pipelines) as a weapon to exert leverage over Ukraine. As such, the energy sector is a critical pillar in building an effective, stable national security and economic strategy for Ukraine. This strategy must be long-term, and yet have an immediate positive impact. Getting the energy sector rightÑeliminating subsidies, ensuring that public revenues are not diverted to private pockets, enhancing energy efficiency, and reinforcing UkraineÕs national securityÑ is essential to transforming the Ukrainian economy. Ukraine possesses large energy resources, but this sector has been poorly managed and has been permeated with high-level corruption. This program will focus on implementing and improved, transparent, and more efficient energy policy, including