Ukraine: coal imports down in Q1 2016
In January-March Ukraine imported $353.5 million worth of coal, down by 12.7% YoY.
In January-March Ukraine imported $353.5 million worth of coal, down by 12.7% YoY.
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.
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.
In 2015 thermal power stations received 8.5 million tons of coal from the ATO zone. That’s 10 times more than has been imported from the South African Republic, and 13 times more than from Russia.
The Cabinet of Ministers has included supplies from the occupied territories of Donbass into the coal consumption plan.
The Ministry of energy and coal industry plans to find a way to increase coal output by changing taxes.