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DTEK sees no serious problems with imposing coal export restrictions to Ukraine by Russia - CEO

Coal News - Published on Tue, 23 Apr 2019

Image Source: StateImpact - NPR
DTEK predicted 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 Mr Maksym Tymchenko told reporters in Nikopol. 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.

He said, commenting on the relevant question of Interfax-Ukraine "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."

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.

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Posted By : Rabi Wangkhem on Tue, 23 Apr 2019
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