Fracking in Ukraine

Fracking in Ukraine has been used since the 1950s. The first fracking operation in Ukraine was conducted in 1954 for the underground coal gasification project. There has been a strong revival of interest in the fracking industry in Ukraine. According to the U.S. Energy Information Administration, Ukraine has third-largest shale gas reserves in Europe at 128 trillion cubic feet (3.6 trillion cubic metres). As of 2011, approximately 22 domestic and foreign-owned companies have been engaged in fracking in Ukraine.