Author Topic: After Trump meeting, Ukraine to import US thermal coal for the first time  (Read 380 times)

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Offline Right_in_Virginia

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After Trump meeting, Ukraine to import US thermal coal for the first time
Fox Business News, Jul 31, 2017, Reuters



Ukrainian state-run energy company Centrenergo said on Monday it had struck a deal with U.S. trader Xcoal to import 700,00 tonnes of thermal coal this year - the first time Ukraine has imported the commodity from the United States.

The contract is a result of an agreement between Ukrainian President Petro Poroshenko and U.S. President Donald Trump, who has promised a "golden era" of U.S. energy business by boosting exports.

Ukraine was once a major producer of anthracite, used in power generation, but it has faced a shortage in recent winters as it lost control of key mines after the outbreak of a pro-Russian separatist conflict in industrial eastern regions in 2014.


More: http://www.foxbusiness.com/markets/2017/07/31/after-trump-meeting-ukraine-to-import-us-thermal-coal-for-first-time.html

Offline Right_in_Virginia

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Very good news!