Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources - Foreign Affairs

Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources - Foreign Affairs - Nairaland

Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources (401 Views)

1 Reply (Go Down)

Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources by greatness77(op): 10:20am On Aug 28, 2022

Russia now controls at least $12.4 trillion worth of Ukraine's key natural resources, including energy and mineral deposits, according to an analysis for The Washington Post by SecDev.

If the Kremlin succeeds in annexing Ukrainian land seized during Russia's invasion, Kyiv would lose almost two-thirds of its deposits, the report said, denying the country of its essential economic pillars.

Based on SecDev's review of 2,209 deposits, Moscow controls 63% of Ukraine's coal, 11% of its oil, 20% of its natural gas, 42% of its metals, and 33% of its rare earths, including key minerals like lithium.

Some of that was seized during Russia's takeover of Crimea in 2014 or the war with Russia-backed separatists in eastern Ukraine.

But since its invasion began in February, Russia has steadily increased its advance into Ukraine while overtaking the country's economic strongholds.

Using a tally from SecDev and Ukrainian industry, the Washington Post reported that Russia has seized 41 coal fields, 27 natural gas sites, 14 propane sites, nine oil fields, six iron ore deposits, as well as several sites for titanium, zirconium, strontium, lithium, uranium, and gold.

While Ukraine is known as a top exporter of grains, the report said it also possesses 117 of the 120 most widely used minerals and metals, while also serving as a top source of fossil fuels.

Ukraine still has control over most of its oil ans gas reserves. But the vast majority of its natural resource wealth that's under the Kremlin's control is comprised of coal deposits.

SecDev estimated that about 30 billion tons of hard coal deposits worth $11.9 trillion are in Russian-controlled parts of Ukraine.

2 Likes

Re: Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources by BentizilL: 1:38pm On Aug 28, 2022

God bless Russia... kiss

Uraaa..

2 Likes

Re: Ukraine On Brink Of Landlock As Russia Controls 63% Of Natural Resources by Whobedatte(m): 2:04pm On Aug 28, 2022

In fact , Russia is now controlling the whole Ukrainian mineral resources and has now installed a new head in Kyiv.
Same western news outlet that accuse of propaganda is the one they believe now abi
Delusional Putards

1 Like