In January-September 2019, SUEK
produced 74.6 million tonnes of coal, representing an 8% decrease
year-on-year caused by scheduled longwall face moves at Kuzbass
underground mines.
For the first nine months of 2019 sales volumes of coal and other energy
products amounted to 83.2 million tonnes. International sales dropped by
6% to 40.8 million tonnes due to railway infrastructure restrictions on
the way to the Far Eastern ports and the partial redistribution of supply
volumes to the domestic market due to lower export prices. SUEK’s key
export markets included South Korea, China, Japan, Taiwan, the
Netherlands, Germany, Poland, Morocco and Italy.
Coal sales to Russian customers grew by 2% year-on-year to 42.4 million
tonnes, 24.5 million tonnes of which were supplied to the power plants of
Siberian Generating Company (SGC) that joined SUEK Group in August 2018.
For January-September 2019, SGC generating assets produced 32.7 billion
KWh of electricity and 27.9 million Gcal of heat. Electricity production
was largely flat year-on-year, heat production fell by 6% due to lower
ambient air temperature in 2018.
SUEK is one of the world’s leading coal producers, the largest coal
producer, supplier and exporter in Russia, as well as a leading heat and
electricity producer in Siberia. SUEK’s mining, processing, energy,
transport and service facilities are located in 11 regions of Russia. The
company employs over 64,000 people. The principal ultimate beneficiary of
SUEK is Andrey Melnichenko.
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