Media reveal price of U.S. coal for Ukraine's Centrenergo

The first batch of 61,700 tonnes was supplied in September under a contract providing for the delivery of 700,000 tonnes of coal before the end of the year, Liga.net wrote.

The calorific value of that September coal consignment was nearly 5,500 kcal/kg. In terms of the basic caloric value (6,000 kcal/tonne), the cost of coal will increase from $100.7 to $110.8 per tonne (without the cost of transshipment in a seaport and delivery to a thermal power plant).

For example, in September, DTEK imported about 77,000 tonnes of thermal coal (supplied by Glencore) from South Africa at $90.3 per tonne with a caloric value of 5,300 kcal/kg, or $102 per tonne on conversion to basic calorie content, including freight.

Read alsoUkraine can phase-out fossil, nuclear by 2050 – researchThe contract between Centrenergo and Xcoal Energy&Resources was signed in late July after a meeting between Ukrainian President Petro Poroshenko and his U.S. counterpart, Donald Trump.

Centrenergo CEO Oleh Kozemko said earlier that the price of coal for the initial shipments from the U.S. would be $113 per tonne.

Read alsoUkraine imposes sanctions against Russian coal supplierUNIAN memo. Hostilities in the eastern regions of Ukraine have caused a significant shortage of coal, primarily that of thermal anthracite group produced in militant-controlled areas of Donetsk and Luhansk regions.