Ukraine to diversify coal industry

Ukraine to diversify coal industry

Viktor Yanukovych told about the return of state industry to the coal chemistry.

"We have adopted a program of energy saving, diversification of gas supplies to Ukraine and its substitution with other energy sources. This includes the use of coal in different directions on different technologies. Gas, fuel, oil, etc. can be produced from coal", - Yanukovych said.

State and local authorities have been negotiating with foreign investors about the possibility of brown coal.

In January 2012 the Chinese company China Coal Technology and Engineering Group Corporation expressed the intention to invest $ 50 million in the first stage of building a plant for processing of brown coal processing to liquid fuel in the Kirovograd region.



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