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Ukraine’s Coal Reserves in Oil Equivalent Double Those of Russia

Запаси вугілля України в еквіваленті нафти вдвічі більші, ніж російські. Photo: Radiotrek — Світ

Ukraine’s Untapped Coal Potential

On June 17, 2026, a column by Maksym Rozenko aired on Radio Track, citing a post by Pavlo Sebastyanovych. According to the piece, Ukraine’s coal reserves amount to 160 billion barrels in oil equivalent—double Russia’s 80 billion barrels of oil. This comparison highlights the often-overlooked value of coal as a strategic resource for Ukraine.

Sebastyanovych stated in his post:

“Did you know that in oil equivalent terms, Ukraine outpaces Russia by a factor of two?”
He also emphasized that
“Despite its image as an oil superpower, Russia holds only 80 billion barrels—far less than Ukraine’s coal equivalent.”
These remarks invite a reconsideration of coal as a highly versatile raw material that can be converted into a wide array of products.

Coal Conversion Technologies

The Fischer-Tropsch process, a coal conversion technology developed in Germany during the 1920s, enables the production of:

  • synthetic gasoline
  • diesel fuel
  • synthetic aviation kerosene
  • methanol
  • dimethyl ether (DME)
  • syngas
  • substitute natural gas (SNG)
  • hydrogen
  • coke
  • semi-coke
  • briquettes
  • ammonia
  • plastics
  • pharmaceutical raw materials
  • dyes

During World War II, Germany sourced 90% of its aviation fuel from coal, while South Africa applied this technology for 40 years, particularly through the company Sasol.

“Coal has had its day, mines should be shut down, coal will no longer be needed—Ukrainians have had this drilled into their heads for years and decades,” Sebastyanovych noted, questioning the country’s treatment of the coal industry. He also posed a rhetorical question: “Maybe it’s time to change something in the conservatory? That is, in the country’s leadership.” These reflections urge a reexamination of how coal could be leveraged through emerging technologies to help Ukraine achieve energy independence and economic growth.

In this light, comparing Ukraine’s and Russia’s fossil fuel reserves opens new possibilities for using coal as an alternative energy source, which could significantly reshape national energy policy.

Discussing Ukraine’s coal potential in terms of its oil equivalent may point to the need for a revised energy strategy. Amid global challenges and the shift toward renewables, it is crucial to explore advanced coal processing technologies that could secure Ukraine’s energy independence. This conversation also underscores the importance of innovation in traditional sectors like coal mining, which could be revitalized through modern techniques.