Ukraine has decreased coal imports by three times and will rely on domestic production.

Friday, September 16, 2022
Ukraine has decreased coal imports by three times and will rely on domestic production.

 For the first eight months of 2022, Ukraine has reduced the import of hard coal and anthracite by three times compared to the same period in 2021, to 4.37 million tons. According to the Ministry of Energy, Ukraine will rely exclusively on its coal production for the next two years, even though a quarter of Ukrainian state mines are located in temporarily occupied territory following the Russian invasion. According to the State Customs Service, the country bought $1.05B worth of coal, which is 20.8% less than in January-August last year ($1.32 billion). Coal worth $420.58M came from the Russian Federation (pre-war supplies, a 40.05% share of imports), the United States – $291.4M (27.76%), Australia – $103.13M (9.82%), and other countries – $234.8M (22.37%). During this period, coal exports reached 523,860 tons for $166.6M to Slovakia, Poland, Hungary, and other countries.

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