Rinat Akhmetov

Rinat Akhmetov’s energy miracle: demand is falling, and prices are rising

In April, 17 DTEK mines were put into idle mode in Ukraine.
The owner is Rinat Akhmetov. The company is part of the “Pavlograd coal” association and is one of the largest energy companies in Europe. The company controls up to 90% of coal production and up to 80% of thermal generation in Ukraine. She owns 9 out of 15 Ukrainian thermal power plants and 17 mines.

Moscow warns Kiev of ‘countermeasures’ as Donbass Republics prepare nationalisation decree

The Russian Interfax news agency is reporting that Boris Gryzlov, Russia’s point man in the Ukrainian conflict, has today issued a warning to Kiev that Russia will take unspecified action unless the coal blockade is lifted.
This follows warnings from Moscow that Russia will not allow a humanitarian catastrophe in the Donbass and from the authorities of the Donetsk and Lugansk People’s Republics that they will enact a wholesale nationalisation of all Ukrainian owned plants and businesses within the Republics’ territories on 1st March 2017 unless the blockade is lifted.