Quantification of Biofuels Potential of Post-Soviet Countries in the Context of Global Biofuels Development

This paper provides an overview of biofuel’s markets in Russian Federation, Belarus and Ukraine and it estimates prospects of their future development in the context of global biofuels development. We first provide a general characterisation of biofuels, followed by description of development of biofuel industry in the key selected countries and the outline of current trends on the global market. This is followed by a quantitative analysis of the possible development of biofuels in Russian Federation, Belarus and Ukraine