Export-import potential of the motor fuel market of Ukraine

Goal. Analysis of the development of the motor fuels market in Ukraine and the world, research of import and export opportunities of Ukraine. Consideration of the state of the world market of motor fuels will help to identify the dynamics, forecast development and assess current needs for such products. Results. The main goal of fuel market reform is to reduce import dependence on Russia and its allies with a parallel maximum substitution for Ukrainian products. The main task of developing the market of motor fuels in Ukraine should be to increase the demand for gasoline. It is very important today to reduce the consumption of diesel fuel – the most problematic product from an environmental point of view. In part, this problem can be solved by balancing excise taxes so that gasoline at the gas station is cheaper than diesel fuel. The analysis of the world market of motor fuels showed that diesel fuel is imported by countries 1.8 times more than gasoline, and to Ukraine – 4 times more. It is established that the largest exporters of motor fuels in the world are the United States, the Netherlands, Russia, the UAE, and China is strengthening its position every year. Practical importance. Consideration of the state of the world market of motor fuels will help to identify the dynamics, forecast development and assess current needs for such products. The analysis of modern Ukrainian realities of the state of the market of motor fuels will allow to outline ways of the decision of existing problems. In the context of exacerbation of external risks, an important prerequisite for strengthening Ukraine’s economic self-sufficiency would be a qualitative increase in the level of energy independence. But the practice of management and the real state of affairs in the energy sector of the economy show the opposite: due to the lack of positive changes in reducing energy consumption of finished products and maintaining negative trends in energy production, no breakthroughs have been made to reduce dependence on external energy sources. Corporate structures operating in the energy sector of the national economy have a sufficient concentration of investment capital for large-scale modernization, reconstruction and technical re-equipment of the technical and technological base of domestic oil refineries and a significant increase in oil production

oil refining industry; gasoline; diesel fuel; export; import