UAH 654 million were allocated to miners for salaries

The Ministry of Energy and Environmental Protection reported that on March 4, 2020, UAH 654,248.0 thousand was allocated to coal mining enterprises, which will be spent on remuneration and making mandatory payments related to the payment of wages for February of the current year – UAH 108,387.0 thousand and repayment of wage arrears for December 2019 – UAH 122 275.1 thousand and for January 2020 – UAH 423 585.9 thousand, including for enterprises:

  • SE Mine n.a M. S. Surhayy- UAH 53 603.2 thousand;
  • SE  Mine Administration Yuzhnodonbaske No.1 – UAH 43 555.8 thousand;
  • SE Mirnohradvuhillya – UAH 77 683.4 thousand;
  • SE Selidovuhillya – UAH 54 581.0 thousand;
  • SE Toretskvuhilllya – UAH 55 760.7 thousand;
  • SE Pervomaiskvuhillya – UAH 92 748.6 thousand;
  • PJSC Lysychanskvuhillya – UAH 79 230.0 thousand; 
  • SE Lvivvuhillya – UAH 170 600.9 thousand;
  • SE Volynvuhillya – UAH 26 484.4 thousand.

The ministry also said that in the state-owned coal enterprises of Ukraine between 2016 and 2019, production had decreased almost by half: from 6.7 million tons to 3.5 million tons. And the subsidy per 1 ton of coal products increased by almost by 3.7 times – from UAH 246 per 1 ton in 2016 – up to UAH 908 per 1 ton in 2019.   

It is noted that according to the forecasts of the International Renewable Energy Agency (IRENA), the share of coal in final world energy consumption by 2050 have to be reduced by three times from the level of 2015 due to an increase in the consumption of renewable energy sources and the replacement of coal with electricity.

To recap, the Minister of Energy and Environmental Protection of Ukraine Oleksiy Orzhel said that the government was preparing a large-scale program for the professional reorientation of miners as part of the transformation of the coal industry in Ukraine. The World Bank and the European Commission will support Ukraine in the restructuring of the coal industry.

Earlier it was reported that Spain would close the last coal station in 2027.

Tags: The Cabinet of Ministers, gas, contracts, renewable energy, hydrocarbon production, coal mining, legislation, electricity, EU, The Minystry of Energy and Coal Mining, Top management, coal, electricity market, Orzhel, coal imports, coal exports, coal mining, renewables, power system balance, energy sector, innovations

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