Ukraine: coal export-import in January-May 2016

In January-May Ukraine imported $571.02 million worth of coal and anthracite, with $102.86 million in May. According to the State Fiscal Service, Russia supplied $363.8 million worth of coal, US – $83.83 million, Australia – $38.08 million, and all other countries – $85.3 million. All in all in 5 months Ukraine imported 6583.31 thousand tons…

Ukraine: coal industry in need of state support

Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017. “Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)

Ukraine: Lviv-Volyn mines to lose sales markets

Electricity exports to Europe could stop at any time, resulting in the loss of sales markets for Ukrainian coal companies, those with mines in Lviv-Volyn region in particular. This will affect financial and social-economical situation in the coal industry of the whole country. According to the energy expert Valentin Zemlyansky, at present due to the…

Ukraine: energy ministry to increase coal price

The Ministry of energy and coal industry head Igor Nasalik says coal price can still grow. “Coal price should meet European price. We seek to increase the price”, he said. According to him, the coal industry is suffering from the lack of financing. The ministry is working on state subsidies, management quality increase, but still…