Ukraine continues to increase its purchases of coal in Russia, despite anti-Russian rhetoric of Russian officials. This year the government intends to export from Russia 2 million tonnes of fuel, i.e. a quarter more than last year and double that in 2016.
In the first half of this year, Russia’s share in the total imports of coal and anthracite has reached 63%, i.e. up to the maximum for the last 4 years.
The share of imports of coal and anthracite in the General Ukrainian volume of imports was 6%. This despite the fact that in Ukraine is concentrated about 4% of global coal reserves.
Ukraine already this year spent on the purchase of coal and anthracite $ 1.5 bn While the current account deficit of the balance of payments widened to $613 million in January-June 2018 compared with $218 million for the same period last year.
Coal consumption in the country grew by almost 20% during the first half of 2018.
The volume of domestic coal production is falling.
The implementation of the Concept of reforming and development of the coal industry for the period up to 2020 failed.