Cabinet of Ministers of Ukraine to extend state of emergency on Ukraine`s electricity market

The Cabinet of Ministers of Ukraine at today`s government meeting intends to prolong emergency measures, introduced on the Ukrainian electricity market a month ago.

The speaker on the issue is expected to be the Minister of Energy and Coal Industry of Ukraine, Ihor Nasalik.

Earlier, the Energy and Coal Ministry decided to introduce emergency measures on the electricity market and presented its decision at an anti-crisis energy center meeting on February 13.

On February 15, the Cabinet decided at an emergency meeting to introduce emergency measures on the electricity market, which would allow a reduction in anthracite consumption. Ukraine`s Deputy Prime Minister Hennadiy Zubko said energy consumption instructions had already been sent to the regions, and those who will exceed daily power consumption limits will be fined.

A state of emergency in the Ukrainian energy sector was introduced mainly due to the blockade of anthracite supplies from the uncontrolled territories, which began in January. Despite the fact that coal was mined by Ukrainian-registered companies, shipment and delivery of their products were actually halted. The coal has not been supplied to thermal power plants and metallurgical enterprises since February 10, which may stop heat and electricity generation, as well as breach production contracts and reduce revenues of steel companies.

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