In 2020 Ukraine’s coal imports dropped to 16.9 mio t (-4.1 mio t or -19.5% y-o-y). Lowering energy demand amid governmental measures to curb Covid-19 throughout the year limited Ukrainian imports of material. Ukraine received 11.9 mio t or 70.4% of its coal imports from Russia, 3.4 mio t or 20.1% from the US, 1.3 mio t or 7.7% from Kazakhstan, while other countries supplied the remaining 0.3 mio t or 1.8%.
However unexpectedly cold winter boosted coal consumption at local TPPs and decreased Ukraine’s coal reserves below record lows to 0.6 mio t (-33% compared to critical levels necessary to maintain stable power supply). Under the statement of the representatives of Ukrainian Ministry of energy, situation around power supplies in the country is teetering on the brink of collapse. Ukraine asked Belorussian generating companies for additional supplies of energy.
On December 16, 2020, Ukraine prolonged 65% duty on coal imports from Russia till the end of 2021. The duty was not imposed on imports of anthracite and coking coal, the two types of coal that Ukraine facing shortage.
Source: CAA Analysis
Follow on Twitter:
[tfws username=”CAA_Analytics” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]