onsdag 2. august 2017

US President administration hails deal to export coal to Ukraine

The Washington Post reports, that Pennsylvania-based coal company has won a contract to supply coal to Ukraine’s state-owned power company in preparation for that country’s winter heating needs. Officials said "the deal would bolster a key U.S. ally often threatened by Russia".

The deal, potentially worth about $79 million, deal calls for Xcoal Energy and Resources to ship 700,000 tons of thermal coal to the Ukraine to heat homes and businesses. The first shipment is expected to leave the Port of Baltimore next month at a cost of $113 per metric ton.

Energy Secretary Rick Perry said U.S. coal “will be a secure and reliable energy source” for Ukraine, which he said has been “reliant on and beholden to Russia to keep the heat on. That changes now.”

The U.S. “can offer Ukraine an alternative, and today we are pleased to announce that we will,” Perry said, calling such deals “crucial to the path forward to achieve energy dominance” for the U.S.

President Donald Trump has vowed to revive the struggling coal industry and has cited increases in U.S. coal exports as evidence the strategy is working. The Energy Department said in July that coal exports have risen sharply in 2017 amid increased demand in Asia and Europe, but are still below capacity.

At the end of January, 2017, the Ukrainian nationalists blocked the coal supply from the DPR and LPR to Ukraine. The Ukrainian nationalist’s action was immediately called “The Donbass railway blockade” . The ATO ex-fighters’ demands were quite simple – no trade with the Republics.
"A lot of goods were exported from the Republics, over ten trains per day, and every train is their income," said Semen Semenchenko, the deputy of the Ukrainian parliament, Verkhovna Rada. 
As a result the so-called patriotic action turned into the nationalists’ riot and fights with the local police representatives. The blockade also resulted in the Ukrainian energy security destabilisation. 

DONi News Agency
According to: The Washington Post, DONi News