SAR refuses to deliver more coal to Ukraine

By | November 12, 2014

Head of “Ukrinterenergo” Vladimir Zinevich announced at a press-conference that “Steel Mont Trading Ltd” which delivered South African coal to Ukraine will reduce its shipments from one million tons to five hundred thousand tons.

Zinevich noted that his company is in the process of negotiating with other companies to deliver coal; however, he noted that they have not reached any agreements yet.

In September of this year Ukraine has signed a contract with a company in SAR to deliver around one million tons of coal. Ukraine has so far paid for five hundred thousand tons worth of coal and “Steel Mont Trading Ltd” has already delivered that amount in one boat load. No more shipments are expected from “Steel Mont Trading Ltd”.