Business news from Ukraine

DTEK TO INCREASE COAL IMPORTS TO 450,000 TONNES IN FEB THANKS TO IMPORTS FROM POLAND AND KAZAKHSTAN

11 February , 2021  

DTEK will increase coal imports to 450,000 tonnes in February, which will secure the operation of as much equipment of the company’s power plants as possible in February-March, as well as allow meeting obligations to Centerenergo, DTEK CEO Maksym Timchenko has said.

“We are overcoming the lack of coal through contracts with Poland and Kazakhstan. In February, we will have 450,000 tonnes of imported coal. We are meeting our obligations to Centrenergo to supply 250,000 tonnes of coal. We extract coal in our mines as much as it is technically possible. And we bring the coal imbalance that is needed to get through February-March,” he said.

According to Timchenko, the company imports about 120,000-150,000 tonnes of coal per month from Russia.

“In Ukraine, there is no way to have our own anthracite, so we bring it from Russia. We bring our anthracite, which we extract at our Obukhovskaya mine. We bring 120,000-150,000 tonnes per month. But in order to attract additional resources quotas are to be obtained in the Russian Federation. These quotas are reduced for political or non-political reasons. That is, we have no rhythm in deliveries,” the head of the company said.

Timchenko noted DTEK’s readiness to use natural gas as a fuel in case of need for its own TPPs. “In February-March, we will declare the maximum load-bearing equipment, and this equipment composition will be provided with fuel, coal or gas, on certain days when the system requires it. We have gas burning limits, and we always understand that we can have a plan B if there are problems with the supply of coal,” the CEO of DTEK said.