In January-July DTEK Energo produced 13.4 million tons of gas coal, up by 15.6% YoY. According to the company statement, at present thermal power plants using gas coal operate at the maximum loading. They produce more electricity, increasing fuel consumption. To satisfy the gas coal demand DTEK Energy in 2017 increased investments in mining 1.5-fold,…
Naftogaz Ukrainy has asked the Commercial court of Donetsk region to open a case on the bankruptcy of Energomashspetsstal. The suit was filed on August 3 by the Naftogaz daughter company – Gaz Ukrainy. As of August 1 EMSS is the fourth largest debtor of Naftogaz as to gas among industrial consumers with its debt…
The shareholders of Poltava Mining and Processing Works have approved of a number of deals as to the $500 million loan agreement. Ferrexpo Finance plc, Ferrexpo AG and Ferrexpo Middle East FZE will open a credit line valued at $500 million at LIBOR for 3-months deposits +4% with the maturity date of September 30, 2021.…