Successful return of Ukraine to the foreign borrowing market will improve conditions for a possible refinancing of the debt of DTEK energy holding in 2018, although the introduction of transparent market pricing rules for both coal and thermal generation is a significant factor, DTEK CEO Maksym Timchenko has said.

"We are all in anticipation of the indicator on the placement of Ukrainian securities, which is a litmus test for the cost of debt for corporate placements. If the situation is the same and it improves in Ukraine, then, of course, we will consider the possibility of various options for refinancing or other ways to manage our debt in 2018," he told reporters.

"Today, we have new borrowings in small amounts permitted by our restructuring agreement to support investment, but we have deep conviction that investments in coal business and thermal generation depend on how understandable the market pricing rules are both for coal and thermal generation," the head of DTEK said.

He believes that the approval of these rules and their observation is the responsibility of the regulator and the government.

Timchenko said that after the blockade of the ATO zone Ukraine faced shortage of all types of fuel. Steam coal was the only resource where Ukraine was independent. Now we import 26% of steam coal and about 40% of all coal, 33% of gas, more than 80% of diesel fuel, oil and 100% of nuclear fuel. In the country with scarce energy, the price is formed using the import alternative," he said.