Support strong Canadian climate journalism for 2025
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
Comments