The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine
The article proves that today motor fuels is an important component of both energy and national security of any country in the world, since it provides transport and equipment with the necessary energy resource. After the invasion of the territory of Ukraine by the armed forces of the russian federa...
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2022-11-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-82_88.pdf |
| _version_ | 1797945142243491840 |
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| author | Kyzym Mykola O. Khaustova Viktoriia Ye. Shpilevskiy Volodymyr V. Kostenko Dmytro M. |
| author_facet | Kyzym Mykola O. Khaustova Viktoriia Ye. Shpilevskiy Volodymyr V. Kostenko Dmytro M. |
| author_sort | Kyzym Mykola O. |
| collection | DOAJ |
| description | The article proves that today motor fuels is an important component of both energy and national security of any country in the world, since it provides transport and equipment with the necessary energy resource. After the invasion of the territory of Ukraine by the armed forces of the russian federation and the destruction caused by shelling and hostilities of a number of oil and gas processing plants, it is necessary to restore or create a new production of motor fuels on the country’s own raw material base as soon as possible. The only energy resource that can partially meet Ukraine’s needs for motor fuels through the country’s own production is coal and lignite. The establishment of the production of synthetic liquid fuels (SLF) from coal and lignite in the regions of Ukraine will help strengthen the country’s energy security, and national security in particular. At the same time, the creation and development of SLF production requires proper government support and regulation. The aim of the study is to determine the features and directions of improving government regulation and supporting the production of SLF in Ukraine. Based on the carried out study, it is proved that the lack of both production and market of synthetic analogues and components of liquid motor fuels in Ukraine determines that the regulatory field of enterprises for the production of SLF is represented by the current regulatory framework for economic relations in the sphere of oil and oil products turnover. Therefore, it is highly likely that the development of SLF production in Ukraine will take place in the regulatory field, which does not take into account the specifics of new industries. This inconsistency can create undesirable additional barriers to their entry into the national market of petroleum products. It is recommended to allocate synthetic analogues of motor fuels into a separate commodity group, for which it is advisable to establish a special excise tax rate and other preferences that can provide sufficient investment flow for the creation of SLF production facilities. |
| first_indexed | 2024-04-10T20:49:31Z |
| format | Article |
| id | doaj.art-c6f99fef2c4f4fbbb8c904c09d1f48a9 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-04-10T20:49:31Z |
| publishDate | 2022-11-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-c6f99fef2c4f4fbbb8c904c09d1f48a92023-01-23T18:02:02ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2022-11-0111538828810.32983/2222-4459-2022-11-82-88The Government Regulation and Support of Synthetic Liquid Fuels Production in UkraineKyzym Mykola O.0https://orcid.org/0000-0001-8948-2656Khaustova Viktoriia Ye.1https://orcid.org/0000-0002-5895-9287Shpilevskiy Volodymyr V.2https://orcid.org/0000-0002-2003-0632Kostenko Dmytro M.3https://orcid.org/0000-0001-7136-9946O. M. Beketov National University of Urban Economy in KharkivResearch Centre of Industrial Problems of Development of NAS of UkraineResearch Centre of Industrial Problems of Development of NAS of UkraineResearch Centre of Industrial Problems of Development of NAS of UkraineThe article proves that today motor fuels is an important component of both energy and national security of any country in the world, since it provides transport and equipment with the necessary energy resource. After the invasion of the territory of Ukraine by the armed forces of the russian federation and the destruction caused by shelling and hostilities of a number of oil and gas processing plants, it is necessary to restore or create a new production of motor fuels on the country’s own raw material base as soon as possible. The only energy resource that can partially meet Ukraine’s needs for motor fuels through the country’s own production is coal and lignite. The establishment of the production of synthetic liquid fuels (SLF) from coal and lignite in the regions of Ukraine will help strengthen the country’s energy security, and national security in particular. At the same time, the creation and development of SLF production requires proper government support and regulation. The aim of the study is to determine the features and directions of improving government regulation and supporting the production of SLF in Ukraine. Based on the carried out study, it is proved that the lack of both production and market of synthetic analogues and components of liquid motor fuels in Ukraine determines that the regulatory field of enterprises for the production of SLF is represented by the current regulatory framework for economic relations in the sphere of oil and oil products turnover. Therefore, it is highly likely that the development of SLF production in Ukraine will take place in the regulatory field, which does not take into account the specifics of new industries. This inconsistency can create undesirable additional barriers to their entry into the national market of petroleum products. It is recommended to allocate synthetic analogues of motor fuels into a separate commodity group, for which it is advisable to establish a special excise tax rate and other preferences that can provide sufficient investment flow for the creation of SLF production facilities.https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-82_88.pdfnational securityenergy securityfuelmotor fuelsliquid fuelssynthetic fuelsmanufacturing |
| spellingShingle | Kyzym Mykola O. Khaustova Viktoriia Ye. Shpilevskiy Volodymyr V. Kostenko Dmytro M. The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine Bìznes Inform national security energy security fuel motor fuels liquid fuels synthetic fuels manufacturing |
| title | The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine |
| title_full | The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine |
| title_fullStr | The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine |
| title_full_unstemmed | The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine |
| title_short | The Government Regulation and Support of Synthetic Liquid Fuels Production in Ukraine |
| title_sort | government regulation and support of synthetic liquid fuels production in ukraine |
| topic | national security energy security fuel motor fuels liquid fuels synthetic fuels manufacturing |
| url | https://www.business-inform.net/export_pdf/business-inform-2022-11_0-pages-82_88.pdf |
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