The Ukraine to allocate 3 billion hryvnias to buy coal for winter of 2015-2016

On July 7, 2015, the head of the Ukrainian Ministry of Energy and Coal Industry Mr. V.Demchishin in his usual upbeat and eloquent manner stated that the situation with the coal reserves in the country improved – over the past two months the Ukraine had accumulated 600 thousand coal at warehouses of thermal stations, and over the next four months 1 million tons would be delivered.

However, the Minister again didn’t see the differences in the plans of his Ministry and the realities - he stated that everything was possible and realistic, but for purchases require money, and not just from the budget, but from Ukrainian banks. In 2014, this help – for 2 billion hryvnias – was provided by Oschadbank.

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