KIEV, Jan. 20 - Ukraine's Fuel and Energy Ministry has initiated the creation of strategic oil and fuel reserves by 2020 in order to increase the energy security of the state.

According to a draft cabinet resolution drawn up by the ministry, which was posted on its Web site, the creation of the reserves would meet 90 to 100 days of domestic demand for oil and fuel in the case of unforeseen economic, political or other circumstances.