According to the State Fiscal Service, because of the seizure of Ukrainian companies on the uncontrolled part of Donbass in April-June the state budget has not received around 110 million UAH, while the local budget – some 125 million UAH. In January-July Ukraine increased anthracite coal imports 2-fold YoY, including from Russia. In 2016 Ukraine…
The Ministry of energy and coal industry has recommended increasing the sale price of coal from state mines for power-generating companies and combined heat and power plants by 5%, to 2200 UAH per ton (without VAT and transport costs) to make the enterprises profitable. The corresponding decision was made at the meeting chaired by the…
In January-July Magadan region mined 142.7 thousand tons of coal, down by 33.6% YoY. This year only 2 companies in the region mine for coal: Kolyma Coal Company and Association of business development. Severo-Vostochnaya Coal Company does not mine for coal this year, as it mined enough last year. In 7 months Kolyma Coal Company…
The Ukrainian government intends to reform the coal industry and special measures are already being implemented to strengthen the country’s energy security, Prime Minister Volodymyr Groysman stated in a speech on the occasion of Miner’s Day, the government’s website reports. “For many years there has been and still is a burning need to put into…
In July Ukraine decreased consumption of coal by 19.4% YoY, to 3.57 million tons, but up by 11.3% MoM. According to the State Statistics Service, in 2016 Ukraine consumed 31.3 million tons of coal, up by 9.4% YoY. In June coal consumption decreased by 21.5% YoY, to 3.2 million tons. (Ukrainian metal)
“In 2018-2023 we plan to put 7 new processing factories into operation with the annual capacity of 24.5 million tons. This will allow creating 1570 new jobs and processing 90% of coal mined in Kuzbass. Later on we plan to process all the coal mined here”, the Kemerovo region governor Aman Tulyeev declared. At present…
Russia’s Energy Ministry does not expect strong coal price fluctuations either on the domestic or the international market until the end of 2017, Deputy Energy Minister Anatoly Yanovsky said during celebration of the Miners’ Day in the city of Mezhdurechensk on August 25. “It is a thankless task to forecast prices. If you mention optimistic…
In January-June Elgaugol LLC, a part of Mechel, mined 1.9 million tons of coal at the Elginskoye deposits in Yakutia, down by 4% YoY. In April Mechel reported that in 2017 Elgaugol output would increase by 21% YoY, to 4.5 million tons. As of June 30 the annual plan has been 42% fulfilled. Elgaugol has…