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Trump administration hails deal to export coal to Ukraine

By
July 31st 2017
Energy Secretary, Rick Perry, news conference, National Press Club, Washington
In this July 18, 2017 photo, Energy Secretary Rick Perry attends a news conference at the National Press Club in Washington. File photo by The Associated Press/Jacquelyn Martin

The Trump administration says a Pennsylvania-based coal company has won a contract to supply coal used for heating to Ukraine's state-owned power company.

The deal announced Monday calls for Xcoal Energy and Resources to ship 700,000 tons of thermal coal to the Ukraine to heat homes and businesses. The first shipment is expected to leave the Port of Baltimore next month at a cost of $113 per metric ton.

Energy Secretary Rick Perry hailed the deal with state-owned Centrenergo, saying such partnerships "are crucial to the path forward to achieve energy dominance" for the U.S.

President Donald Trump has vowed to revive the struggling coal industry. The Energy Department says U.S. coal exports have risen sharply in 2017 amid increased demand in Asia and Europe.

The Associated Press

July 31st 2017

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