DTEK sees 6.6% rise in coal production, 4.2% fall in power transmission in H1 2017

DTEK enterprises (including Obukhovskaya Mine in Russia) saw a 6.6% rise in production of run-of-mine (ROM) coal in January-June 2017, to 14.807 million tonnes, including 13.447 million tonnes made by Ukrainian assets of the group.

The company said in a press release that higher production of gas coal by DTEK Pavlohradvuhillia, DTEK Dobropilliavuhillia and the Bilozerska mine in the reporting period - by 18.9%, or 1.835 million tonnes, to 11.574 million tonnes, contributed to growth of coal production.

Concentrate production at DTEK Energy's coal processing plants grew by 5.3%, to 7.519 million tonnes.

Obukhovskaya Mine made 1.36 million tonnes of coal and 856,400 tonnes of concentrate.

Electricity transmission by DTEK in H1 2017 fell by 4.2%, to 17.12 billion kWh, including a 6.9% decline in transmission by wind farms, to 283.9 million kWh.

Units of DTEK Energo's thermal power plants (TPPs) consuming gas coal and managed by the company increased electricity transmission by 12.3%, to 11.8 billion kWh.

Electricity transmission via power lines fell by 4.6%, to 21.792 billion kWh.

Exports of electricity in January-June 2017 rose by 40.5%, to 3.059 billion kWh (the share of total exports in H1 2017 was 96.7%).

DTEK supplied 456,000 tonnes of coal to external markets, which is 43.4% less than a year ago. A decrease in the exports is conditioned by the necessity to supply more to Ukraine, including to DTEK Energy's TPPs, to stock enough coal at the power plants for summer peak energy consumption.

Coal in-house supplies to Ukrainian industrial consumers have decreased by 28% to 981,000 tonnes, which is related to the loss of control over the assets in the ATO zone.

In January-June 2017, DTEK imported 654,700 tonnes of coal, while in H1 2016 the company did not import coal.

Natural gas production grew by 7.5%, to 834.6 million cubic meters (mcm), gas condensate output rose by 5.4%, to 28,300 tonnes. Gas imports totaled 3.02 billion cubic meters (bcm).