Rinat Akhmetov's DTEK continues to deliver coal to customers in Russia, a company spokesman told Interfax.
DTEK, which began exporting to the Russian market in 2010, supplies coal for the metals industry, sugar refining and soda production, and heat and power plants, under long- and short-term contracts.
DTEK delivered 53,000 tonnes of coal in various anthracite grades to Russian customers in June and plans to deliver 54,000 tonnes in July.
DTEK said its contract to deliver coal to the Novocherkassk District Electric Station (Novocherkassk GRES), part of OGK-2, expired in April 2014.
The Novocherkassk plant was a key consumer of DTEK coal, which it purchased at open tenders in which DTEK regularly participated. The most recent tender on delivery of coal to OGK-2 subsidiaries, on June 11, 2014, was canceled.
“We are monitoring the situation and are interested in deliveries to Novocherkassk GRES commensurate with the technical abilities and economic advisability,” the spokesman said.
The Russian newspaper Izvestia earlier reported that DTEK had stopped exporting Ukrainian coal to Russia, particularly noting that Novocherkassk GRES has announced a tender to select a new coal supplier, reportedly stemming from DTEK’s refusal to extend a contract on supply of anthracite small coal, which expired in April 2014.
DTEK deliveries about 400,000 tonnes of coal worth about $20 million to the power plant in 2013, or about 15% of the plant’s annual coal requirement.
This year DTEK plans to export about 5.15 million tonnes of coal mined in Ukraine and about 1.3 million tonnes originating in other countries. DTEK exported 4.74 million tonnes of coal in 2013.
