Ukraine to Accelerate Reforms and Restrict the Populists' Influence

November 30, 2018

To retain international confidence and investors' interest, and to develop its economy, Ukraine has to accelerate reforms it has started, and limit the influence of populists on these processes. No one should experiment with the energy sector, as it is a driver of the economy and the guardian of the national security.

Of major concern is the delay in unbundling – the establishment of an independent operator of the gas transportation system. Currently the Ukrainian government remains a "bystander" in reforming the gas sector, which slows its restructuring and strengthens position of Naftogaz as a monopolist.

In the energy sector, the reform priorities for Ukraine over the next three years include creating competitive electricity, gas and coal markets; providing favourable environment for investments; shifting towards the auction system to determine tariffs for renewables; and setting up the effective system of subsidies for vulnerable citizens.

These and other statements were articulated by Volodymyr Omelchenko, the Director of the Razumkov Centre’s Energy Programmes at the Conference "The State of Ukraine’s Energy Sector", jointly organised by the Razumkov Centre and the Atlantic Council in Washington, D.C. on 28 November 2018. The event was devoted to Ukraine's role in the global energy processes.

Volodymyr Omelchenko

Director, Energy Programmes


Born in 1967 in Kyiv.

Education: Kyiv Politechnic Institute, Department of Chemical Engineering (1992).

Author of over 50 scientific works and op-ed publications. Took part in development and implementation of international energy projects and scientific research in international energy policy.

Employment:

1992–1996, worked in different positions in the mechanical engineering industry;

1997–1998 — head expert of the division of oil, gas and petroleum refining industry of the Ministry of Economy of Ukraine;

1998–2003 — Naftohaz Ukrayiny National Joint-Stock Company, in charge of oil transportation section;

2004–2007 — chief consultant at the National Institute of International Security Problems of Ukraine’s NSDC;

since February, 2007 — Leading Expert, Razumkov Centre. Director since 2013.

(044) 206-85-02

omelchenko@razumkov.org.ua

volodymyr.omelchenko