Business news from Ukraine

UKRAINE INCREASES COAL IMPORTS IN 2018 TO $3 BLN

Ukraine in 2018 increased imports of coal and anthracite by 8.1% (by 1.610 million tonnes) compared to 2017, to 21.388 million tonnes. According to the State Fiscal Service, coal was imported for $3.035 billion, which is 10.6% more than in 2017.
At the same time, coal imports from the Russian Federation amounted to $1.822 billion (its share in imports was 60.02%), the United States to $907.173 million (29.89%), Canada to $162.546 million (5.36%), other countries to $143.937 million (4.74%). In addition, Ukraine last year exported 63,798 tonnes of coal and anthracite for $8.649 million, in particular to the Russian Federation for $4.597 million, Slovakia for $3.201 million, Moldova for $724,000, and other countries for $127,000.

,

UKRAINE DECREASES COAL PRODUCTION IN JAN-OCT BY 4%

Coal mining enterprises of Ukraine in January-October 2018 reduced extraction of coal by 4.1% (by 1.189 million tonnes) compared to the same period in 2017, to 27.688 million tonnes.
The Ministry of Energy and Coal Industry told Interfax-Ukraine production of coking coal decreased by 11.7% (by 652,500 tonnes), to 4.908 million tonnes, steam coal by 2.3% % (536,800 tonnes), to 22.779 million tonnes.
In October 2018, production of run-of-mine (ROM) coal grew by 5% compared to the same month in 2017, to 2.839 million tonnes.
Coal mining companies managed by the ministry for the ten months ending October 2018 reduced production by 13.3%, to 3.454 million tonnes, in particular production of coking coal was down by 42.8%, to 436,000 tonnes, steam coal decreased by 6.3%, to 3.018 million tonnes.
The mines of Donetsk region for the ten months of this year provided production of 9.253 million tonnes of coal (2.6% less compared to January-October 2017), Luhansk region some 427,300 tonnes (down by 73.3%), Dnipropetrovsk region some 16.594 million tonnes (1.1% more), Lviv region some 1.324 million tonnes (3.8% up), and Volyn region some 89,400 tonnes (1.9% up).

,

RUSSIA (62% OF ALL IMPORTS) AND USA (30%) ARE MAJOR COAL SUPPLIES OF UKRAINE

Ukraine increased imports of coal and anthracite coal (HS code 2701) by 9.9%, or 1.719 million tonnes, in January-November 2018 year-over-year, to 19.095 million tonnes. Coal shipments over the period under review were estimated at $2.693 billion, which was 10.8% more than in January-November 2017 ($2.431 billion), Ukraine’s State Fiscal Service said.
In particular, coal bought from the Russian Federation (61.91% of all imports) was estimated at $1.667 billion, from the United States (29.94%) at $806.349 million, Canada (4.78%) at $128.608 million, and other countries (3.37%) at $90.865 million.
In addition, Ukraine in January-November 2018 exported 63,617 tonnes of coal and anthracite to the tune of $8.627 million, including to Russia ($4.597 million), Slovakia ($3.201 million), Moldova ($0.715 million), and other countries ($0.114 million).
As reported, Ukraine plans in 2018 to increase import of steam coal by 11.3% compared to 2017, to 5.669 million tonnes.
In particular, it plans to buy 4.882 million tonnes of coal from Russia (a rise of 29.6% from 2017), 664,000 tonnes from the United States (a rise of 47.7%), and 123,000 tonnes from South Africa (a fall of 83.8%).
In 2011, Ukraine’s coal and anthracite imports totaled $2.761 billion and exports $775.109 million, in 2012: $2.637 billion and $609.392 million, respectively. These indicators in 2013 were $1.974 billion and $737.009 million, respectively, in 2014: $1.773 billion and $521.017 million, in 2015: $1.632 billion and $53.651 million, in 2016: $1.467 billion and $44.762 million, and in 2017: $2.744 billion and $105.494 million, respectively.

, , , ,

UKRAINE INCREASES COAL IMPORTS

Ukraine increased imports of coal and anthracite coal (HS code 2701) by 15.5%, or 2.343 million tonnes, in January-October 2018 year-over-year, to 17.426 million tonnes.
Coal shipments over the period under review were estimated at $2.461 billion, which was 14.4% more than in January-October 2017 ($2.151 billion), Ukraine’s State Fiscal Service said.
In particular, coal bought from the Russian Federation (62% of all imports) was estimated at $1.526 billion, from the United States (30.04%) at $739.278 million, Canada (5.16%) at $126.946 million, and other countries (2.8%) at $68.889 million.
In addition, Ukraine in January-October 2018 exported 56,223 tonnes of coal and anthracite to the tune of $8.355 million, including to Russia ($4.597 million), Slovakia ($3.201 million), Moldova ($0.454 million), and other countries ($0.103 million).
As reported, Ukraine plans in 2018 to increase import of steam coal by 11.3% compared to 2017, to 5.669 million tonnes.
In particular, it plans to buy 4.882 million tonnes of coal from Russia (a rise of 29.6% from 2017), 664,000 tonnes from the United States (a rise of 47.7%), and 123,000 tonnes from South Africa (a fall of 83.8%).
In 2011, Ukraine’s coal and anthracite imports totaled $2.761 billion and exports $775.109 million, in 2012: $2.637 billion and $609.392 million, respectively. These indicators in 2013 were $1.974 billion and $737.009 million, respectively, in 2014: $1.773 billion and $521.017 million, in 2015: $1.632 billion and $53.651 million, in 2016: $1.467 billion and $44.762 million, and in 2017: $2.744 billion and $105.494 million, respectively.

,

COAL SHARE OF UKRAINE’S ENERGY BALANCE TO DECLINE BY 60% IN 15 YEARS

The share of coal of the structure of Ukraine’s energy balance to decline by 60% in 15 years, to 13%, and it will be replaced thanks to renewable energy, according to a forecast of the Razumkov Centre published by the center’s press service. According to the forecast, the share of green energy of the balance will grow fivefold in 15 years, to 25%. “Although the value of coal will gradually decrease – it will be replaced mainly by renewable energy, the coal industry will play a prominent role in the Ukrainian energy sector until 2035. First of all, for thermal generation, which performs an important function of maneuvering capacities,” the press service said, citing Director of Energy Programs Volodymyr Omelchenko.
According to forecasts, the share of gas and nuclear energy of primary energy consumption is expected to remain at the current level – 30% and 25%, respectively.
In addition, in the structure of the Ukrainian energy balance, the share of oil products may significantly decrease, to 7%.

, ,

DTEK ENERGY HOLDING INCREASES COAL IMPORTS BY 2.3 TIMES – LONDON STOCK EXCHANGE

DTEK Energy Holding of Rinat Akhmetov increased coal imports by 2.3 times, to 1.492 million tonnes in January-June 2018 compared to the same period last year, the company said on the website of the London Stock Exchange.
At the same time, DTEK’s coal production in the reporting period fell by 12.9%, to 12.889 million tonnes. In particular, extraction of gas coal in Ukraine decreased by 1.2%, to 11.426 million tonnes, while anthracite and steam coal were not produced in Ukraine. At the same time, DTEK in January-June 2018 increased production of anthracite in Russia by 7.6%, to 1.463 million tonnes.
DTEK’s coal exports in the reporting period fell by 54.8%, to 206,000 tonnes.
Production of coal concentrate by DTEK in January-June 2018 fell by 22.8%, to 5.806 million tonnes. In particular, concentrate production in Ukraine fell by 44.6%, to 486,500 tonnes, and in Russia by 6%, to 907,900 tonnes.

, ,