According to Interfax-Ukraine, the Ministry of Energy is working to prepare state-owned coal mining enterprises for transfer to the State Property Fund (SPF) and subsequent privatization, Deputy Minister of Energy Valentina Moskalenko said.
“The Ministry of Energy has indeed prepared our proposals for the government’s action plan, and we are indeed working to prepare all (coal) enterprises for transfer to the State Property Fund, with a view to their subsequent privatization and the search for an effective private investor for them,” Moskalenko said during an online meeting of the Verkhovna Rada’s Energy Committee on Monday.
She also added that the Ministry of Energy, together with the Ministry of Finance, has resolved the issue of compensation for wage arrears, unused vacation time, and all other payments required by law to employees of the two mines being liquidated: “Mine No. 9” (Volyn Oblast) and the “Nadiya” mine (Lviv Oblast).
“The draft plans for the liquidation of the mines are ready, funds are available to carry out the liquidation work, and everyone who wished to transfer to other enterprises has done so,” noted the deputy head of the Ministry of Energy.
At the same time, Moskalenko emphasized that the operations of the state-owned enterprise “Lvivvuhillia” have always been accompanied by debts, and this issue must be resolved.
“Lvivvuhillya has always had debts, with varying trends, and they have never gone away; now all the debts remain with the state-owned mines. We must do everything possible to restore the health of the state-owned coal mining sector,” Moskalenko emphasized.
COAL, INVESTOR, Mine, MINISTRY OF ENERGY, State Property Fund of Ukraine
On February 2, the President of Uzbekistan was briefed on the current state and development plans for the coal and uranium industries. They discussed increasing coal production, strengthening competition in the industry, and the efficient use of existing reserves.
As noted, 10 million tons of coal are planned to be mined in the fall-winter season of 2025-2026, which is 1.3 million tons more than last season. As of today, 9 million tons of coal have been mined, an increase of 590,000 tons. It was emphasized that in the next season, it is necessary to bring production volumes to 11 million tons.
To achieve this, it is important to accelerate the development of deposits located in the Tashkent and southern regions, expand selective mining, and attract additional excavators and equipment on an outsourcing basis. By expanding the participation of private entrepreneurs, it is planned to extract an additional 2.5 million tons of coal in 2026.
Particular attention was paid to the project to develop the Nishbosh coal deposit in Angren. As part of the investment project, estimated to cost nearly $500 million, with reserves of 233 million tons, it is planned to start production in 2026 and ensure the production of 1 million tons of coal. In the future, the annual productivity of the deposit is expected to reach 10 million tons. The project will create 880 permanent jobs.
The presentation also discussed a project to produce new types of industrial products based on deep coal processing. At the initiative of the joint-stock company Uzkimyosanoat, it is planned to organize the production of polymer products based on chemical coal processing. The $5 billion project involves the creation of facilities for processing 8-9 million tons of coal and producing 1.18 million tons of polymer products per year.
Last year, 7,000 tons of uranium were mined in Uzbekistan, and the discovered reserves reached 139,000 tons.
This year, it is planned to start developing the Arnasay, Western Kyzylkok, Southern Zhongeldy, and Eastern Agron deposits. In connection with the expected increase in production volumes, the need to increase processing capacities has been emphasized.
Measures have been identified to ensure a stable supply of sulfuric acid for uranium processing and the technical sulfur required for its production.
The president has instructed the responsible persons to ensure the timely and high-quality implementation of planned projects in the coal and uranium industries, increase production volumes, and improve economic efficiency.
The Cabinet of Ministers of Ukraine has canceled quotas for exports of coking coal of “K” grade for 2026, according to the government’s resolution No. 1795 of December 31 on the list of goods, export and import of which are subject to licensing and quotas.
According to the resolution, the quotas for exports of coking coal grade “K”, which were previously set at zero level, are absent in the document for 2026.
The resolution was published on the government website.
Global seaborne thermal coal exports in 2025 fell for the first time since 2020, by 5% to a three-year low of 945 million tons, Reuters reports, citing data from Kpler.
The main reason for the decline was a reduction in imports by Asian countries.
Since the beginning of the year, they have imported 841 million tons of thermal coal, which is 7% less than the figure for the whole of 2024.
China was the largest importer (305 million tons), followed by India (157 million tons), Japan (100 million tons), South Korea (76 million tons), and Vietnam (45 million tons).
At the same time, only South Korea and Vietnam increased their volumes. China reduced imports by 12%, India by 3%, which in both cases is explained by an increase in domestic coal production and consumption of other energy sources.
In January-November 2025, Ukraine increased imports of coal and anthracite (UKTZED code 2701) by 2.4 times (by 2 million 415.314 thousand tons) compared to the same period last year, to 4 million 134.636 thousand tons.
According to the State Customs Service of Ukraine, coal imports amounted to $929.485 million in the first eleven months of this year, which is 2.4 times ($546.653 million) more than in January-November 2024.
Coal imports from the US amounted to $374.498 million (40.29%), Australia – $281.793 million (30.32%), Poland – $90.872 million (9.78%), and other countries – $182.322 million (19.62%).
As reported, Ukraine increased coal imports by 2.7 times (by 1 million 145,951 thousand tons) in 2024 compared to 2023, to 1 million 812,592 thousand tons. In monetary terms, it imported $402.219 million worth of coal, which is 2.2 times more than the previous year ($185.378 million).
Ukraine increased its imports of hard coal and anthracite (UKTZED code 2701) by 2.2 times (by 1 million 760.155 thousand tons) compared to the same period last year, to 3 million 253.62 thousand tons.
According to the State Customs Service of Ukraine, coal imports amounted to $751.081 million in the first nine months of this year, which is 2.3 times ($426.588 million) more than in January-September 2024.
Coal imports from the US amounted to $308.091 million (41.02%), Australia – $233.507 million (31.09%), the Czech Republic – $72.3 million (9.63%), and other countries – $137.183 million (18.26%).
As reported, in 2024, Ukraine increased coal imports by 2.7 times (by 1 million 145,951 thousand tons) compared to 2023, to 1 million 812,592 thousand tons. In monetary terms, it imported $402.219 million worth of coal, which is 2.2 times more than the previous year ($185.378 million).
