Ukraine’s Govt announced number of oil and gas deposits in Black Sea, lost over Russia’s annexation of Crimea

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Open source
Minister of Economic Development and Trade, Stepan Kubiv, told at the meeting of the Cabinet of Ministers of Ukraine, hold on February 20, that due to the Russia’s annexation of Crimea, Ukraine had lost 80% of her oil and gas deposits in the Black Sea, a significant part of the port infrastructure, as well as 13 state-owned defense enterprises.

“Due to the annexation of the Crimea, Ukraine has lost 80% of her oil and gas deposits in the Black Sea, a significant part of the port infrastructure. Russia now increasing negative effect of loss of seaports by blocking the Azov and Black Seas. So far, 115 out of 150 coal mines are located in the temporarily occupied territories. One of the biggest losses suffered Ukrainian defense industry. We lost 13 state-owned enterprises in the annexed Crimea, and another 10 on the uncontrolled territories of the Donetsk and Luhansk oblasts,” said Kubiv.

As The Journalist reported, the State Treasury announced that Ukraine has not executed state budget for 2018.

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