The largest power generating company in the wholesale power market in the Russian Federation, OGK-2, which is controlled by Russian gas monopoly Gazprom, has announced that Ukraine-based DTEK has declined to prolong its coal supply contract with OGK-2, the only Russian company that purchased coal in Ukraine.
This decision of DTEK means the actual stopping of Ukrainian coal shipments to Russia. Companies in other Russian sectors do not need Ukrainian coking coal.
DTEK is the largest energy company in the Ukraine. It is part of the financial-industrial group System Capital Management, the main shareholder of which is R. Akhmetov. The enterprise has 13 plants, 31 mines, 10 thermal plants and heat power plants. 140,000 people are employed at DTEK.