Ukraine: DTEK not to import coal by sea until debts returned
DTEK could import coal by sea only if the state enterprise Energorynok pays all its debts to the company.
DTEK could import coal by sea only if the state enterprise Energorynok pays all its debts to the company.
DTEK promises to pay Cleaning-Service that now employs workers from Dobropolyeugol mines.
The Central Processing Factory Pavlogradskaya has processed its 4 million tons of coal from the start of the year. This coal is supplied to 5 Ukrainian thermal power stations.
Coal deliveries from Donbass territories occupied by Russia-supported terrorists have been stopped.
In January-September DTEK coal exports reached 1 million tons, down by 71.4% YoY.
Metinvest negotiations with its creditors about the $3 billion debt restructuring are slow and ineffective, say the banks.
The new long face with 1.2 million tons of coal has been opened at DTEK Ternovskoye Mine Group. This will provide the miners with 2 years of work and 6 Ukrainian thermal electric stations with fuel.
In January-September DTEK companies mined 21.4 million tons of coal, down by 25.6% YoY. Ordinary coal processing totaled 14.7 million tons, while concentrate manufacture fell to 8.9 million tons.