OECD Energy Investment Policy Review of Ukraine
This Review assesses Ukraine’s investment climate vis-à-vis the country’s energy sector reforms and discusses challenges and opportunities in this context. Capitalising on the OECD Policy Framework for Investment and other relevant instruments and guidance, the Review takes a broad approach to investment climate challenges facing Ukraine’s energy sector. It covers investment trends, the current policy and regulatory framework, the legal and institutional framework for investment protection, investment promotion and facilitation, public governance, energy infrastructure and policies relating to promoting and enabling responsible business conduct. The analysis and recommendations in the Review can help policy makers strengthen the enabling conditions for investment in Ukraine’s energy sector.
Stocktaking of Ukraine’s Policy Framework for Investment in the Energy Sector
This chapter reviews Ukraine’s current policy and regulatory framework for investment in the energy sector, including key policy reforms implemented to support the country’s integration with Europe’s energy markets. The chapter assesses the laws, regulations and incentive schemes that the government has adopted to operationalise the Energy Strategy of Ukraine until 2035 and to improve the country’s energy efficiency, security and competitiveness. It evaluates the challenges faced by private investors in the upstream, midstream and downstream energy industries and provides recommendations to address them.