Comments by "Matthew Loutner" (@Matthew_Loutner) on "Suspected drone attack causes fire at Crimea fuel depot" video.

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  4.  @HighSpeedForLives  "Ukraine has a century-long history of oil and gas production and possesses substantial conventional and unconventional hydrocarbon reserves, estimated at 9 billion tonnes of oil equivalent (Btoe). Natural gas reserves are estimated at 5.4 trillion cubic metres (tcm), with proven reserves of 1.1 tcm of natural gas, more than 400 million tonnes (Mt) of gas condensate and 850 Mt of oil reserves. The loss of jurisdiction over Crimea, whose significant offshore gas resources are no longer accessible to Ukraine, means natural gas reserve estimates must be revised downwards. Hydrocarbon resources in Ukraine are concentrated in three regions: the Carpathian region in the west; the Dnieper-Donetsk region in the east; and the Black Sea-Sea of Azov region in the south. The Dnieper-Donetsk region accounts for 80% of proven reserves and approximately 90% of gas production, and the Carpathian region has 13% of proven reserves and 6% of production. The remaining 6% of proven reserves are in the southern region, where production is conducted both onshore and offshore on the shallow shelves of the Black and Azov seas. The aggregate production in this region is 5% of Ukraine’s total oil and gas production Because Ukraine’s refinery system dates to the Soviet era, total refinery capacity exceeds oil product demand by several times, and Ukraine has to meet most of its oil demand through imports. According to the 2018 energy balance compiled by Ukrstat, total final consumption of oil products was 10 599 thousand tonnes of oil equivalent (ktoe) while oil product imports were 10 365 ktoe. The State Fiscal Service (SFS) estimated the cost of oil product imports at USD 5.5 billion in 2018. SFS data also indicate that 38.7% of oil products were imported from Belarus, 37.3% from Russia, 10.3% from Lithuania and 14.2% from other countries in 2018. Given that Belarusian refineries depend on crude oil from Russia, Ukraine’s current oil product import mix puts the country at significant risk of an oil product supply shortage if Russia decides to provoke a crisis in the Ukrainian oil market." - International Energy Association -
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