S&P Global Platts: Ukraine's July coal extraction increases 1.1% to 2.64 mln mt on year

00:20, 22 August 2018
Economy
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REUTERS

Extraction of thermal coal in July increased by 7.7% to 2.22 million mt from 2.06 million mt in July 2017, but coking coal output dropped by 24.4% to 420,100 mt from 555,800 mt, S&P Global Platts reported.

In January-July, Ukraine produced 19.14 million mt of coal, down 9.1% year-on-year, or by 1.91 million mt, from 21.05 million mt a year ago, the ministry said.

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Thermal coal output decreased 8.7% to 15.52 million mt in January-July from 17 million mt, while coking coal output dropped by 10.4% to 3.62 million mt from 4.04 million mt.

The state-owned mines extracted 2.47 million mt of coal in January-July, down 10.5% from 2.76 million mt a year ago.

Ukraine's winter coal reserves at fossil-fuel burning power plants rose 3.7% over the past week to 1.39 million mt as of August 20, compared with 1.34 million mt as of August 14, according to the ministry.

Ukraine produced 34.92 million mt of coal in 2017, down 14.5% on the year.

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