Economy

DTEK predicts no serious problems with imposing coal export restrictions to Ukraine by Russia

 DTEK predicts that there would be difficulties with imports of coal from the Russian Federation to Ukraine along with the coal export restrictions approved by the Russian government on April 18, 2019, but the group does not foresee any serious problems, DTEK CEO Maksym Tymchenko told reporters in Nikopol last week.

At the same time, he said that the company made every effort to convert the units of its thermal power plants (TPPs) from anthracite to gas coal.

"In addition, our base asset, Pavlohradvuhillia, is located here [on the territory controlled by the Ukrainian authorities]. We increased production to more than 1.5 million tonnes in order to ensure generation facilities with our own resources. Therefore, if we talk about electricity, I believe that we have alternatives for the supply of coal – both our own resource and anthracite," he said, commenting on the relevant question of Interfax-Ukraine.

At the same time, Tymchenko said that the situation with the Luhanska TPP, which is deprived of the opportunity to receive coal from the controlled territory, remains a problem and difficult, and where coal is supplied from the asset of DTEK in the Russian Federation is the Obukhovskaya Mine Group, is still complicated.

"In Russia, we have two mines that supply coal products fully to Luhansk and Kryvy Rih plants, the volume of deliveries in 2018 was about 1.2 million tonnes," the DTEK top manager said.

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