The Ukrainian Hydrogen Council estimates $70 billion of investment will be needed to make hydrogen competitive.

The document provides for the expansion of bilateral cooperation in the field of oil and gas, petrochemistry, renewable energy sources.

President Volodymyr Zelensky has made a drive against the magnates a focal point of his administration, particularly in view of the U.S. criticism that they were influencing the day-to-day operations of the government.

Gross domestic product (GDP) grew by 3 percent year-on-year in January-August. In nominal terms, the GDP reached 110.9 billion rubles ($44.5 billion).

Ukraine sees hydrogen development as a way to make up for lost Russian gas transit.