Ukraine: Germany to help reform coal industry of Donetsk
Rolf Petri of Berlin Relations GmbH has presented the project of coal industry reforming to the Donetsk region administration.
Rolf Petri of Berlin Relations GmbH has presented the project of coal industry reforming to the Donetsk region administration.
In January-March Ukraine imported $353.5 million worth of coal, down by 12.7% YoY.
DTEK Pershotravenskoye MG is assembling the electric part of the lifting machine at the vent shaft of the Yubileynaya #3 mine. For the past 6 years DTEK has invested 165 million UAH in the construction of the new mine. This year it will spend 38 million UAH on construction.
Ukrainian government has passed the decree #3813 on making changes to the addendum to the Decree of Ukraine #3 “On the State Budget of Ukraine in 2016” as to the state support of state coal companies.
Ternovskaya mine has put into operation a new long face with over 1 million tons of coal. This will be enough until mid 2017.
In February Ukraine mined 2.6 million tons of coal, up by 27.1% YoY.
2.5 billion UAH of state subsidies are needed to balance the coal industry.
In January-February Ukraine imported 2.44 million tons of coal worth $238 million, down by 11% YoY. Russia exported $118.1 million worth of coal, USA – $45.3 million, Australia – $25.9 million and other countries – $48.7 million.