Business news from Ukraine

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.

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IN JAN-MAY UKRAINE IMPORTS GAS WORTH $906 MLN

Ukraine in January-May 2018 imported 3.269 billion cubic meters of natural gas for a total of $906.701 million, in particular in May 1.114 billion cubic meters worth $293.571 million, according to the State Statistics Service. Thus, the average price of gas imported by the country in May 2018 was $263.5 per 1,000 cubic meters against $310.8 in April, $278.7 in March, $261.1 in February and $279.4 in January.
The main counterparties for the five months were companies from Switzerland with 1.377 billion cubic meters of gas for $380.827 million, Germany with 937.534 million cubic meters for $261.087 million, Poland with 285.745 million cubic meters for $84.545 million and the UK with 245.215 million cubic meters for $65.281 million.
Gas was not imported from the Russian Federation in January-May-2018.

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UKRAINE INCREASES CHEESE IMPORT AND CUTS CHEESE EXPORT IN H1

Ukraine exported 3,870 tonnes of cheese in January-June 2018, which was 6.1% less than in the same period in 2017.
According to customs statistics released by the State Fiscal Service (GFS), cheese exports in monetary terms increased by 1.1%, to $14.51 million.
Cheese imports in January-June 2018 totaled 5,460 tonnes, which is 26.3% higher than the same period in 2017. Cheese imports in monetary terms increased by 42.1%, to $ 27.17 million.
Exports of creamery butter from Ukraine in January-June 2018 increased by 40.3%, to 17,210 tonnes. This indicator in monetary terms increased by1.7 times, to $73.99 million. Butter imports grew by 2.2 times, to 516 tonnes ($ 3.4 million).
Exports of condensed milk and cream in January-June 2018 decreased by 25.4%, to 17,400 tonnes. Ukraine shipped condensed milk and cream worth $28.93 million abroad, this is compared to $40.41 million in January-June 2017. Imports of this group of products increased by 1.6 times to 1,000 tonnes ($2.47 million).
As reported with reference to customs statistics, Ukraine in 2017 exported 9,050 tonnes of cheese, which is 12% more than in 2016. Imports of cheese into the country rose by 42%, to 10,000 tonnes.

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