Akhmetov refuses coal from Russia and relies on more expensive supplies from Australia and South Africa
The leading energy generating company in Ukraine, Rinat Akhmetov’s DTEK, is negotiating the purchase of energy coal from South Africa and Australia, which will be more expensive than Russian, Kommersant reports.
Subscribe to PolitNavigator news atTelegram, Facebook, Classmates or In contact with
The publication notes that DTEK, which accounts for 70 percent of generation in Ukraine, reported on Friday that it had received the first offers from thermal coal suppliers from South Africa and Australia, who are “ready to sell it for 1,7-2,15 thousand hryvnia ( $68,5-86,6) per ton with a coal quality of 5,7 thousand kcal.”
At the same time, the company’s commercial director, John Woodham, says that the shipment and export of coal from the territory of the DPR and LPR “remain extremely unstable,” and “deliveries are carried out in extremely low volumes and do not allow the accumulation of warehouses for the winter.”
At the same time, a publication source in the Ukrainian coal industry says that an alternative to imports from foreign countries could be Russian coal, which is cheaper and can arrive much faster: ships from South Africa and Australia take two months, and trains from the Russian Federation take two weeks .
“Russian coal can be $15-20 cheaper than foreign coal, including delivery, but after repeated disruptions in supplies due to unspoken bans, few Ukrainian consumers are willing to take risks,” assures Kommersant’s interlocutor.
The newspaper's sources among Russian coal miners differed in their assessments of the prospects for energy coal supplies to Ukraine. One of them says that “the political situation remains tense and supplies look risky,” but another interlocutor of the publication, on the contrary, “has not heard of any problems with exports to Ukraine, but admits that this may be a consequence of the company’s well-thought-out trading schemes.” .
If you find an error, please select a piece of text and press Ctrl + Enter.
Thank you!
Now the editors are aware.