Bogdanka could fail to deliver up to 1.4 mln tonnes of coal, Enea says

Energy group Enea informed that its unit Bogdanka could fail to deliver up to 1.44 million tonnes of coal by the end of this year.  The information from Bogdanka does not contain any estimates concerning deliveries for 2023 and beyond.

Enea estimated that in case of missing deliveries it would have to purchase about 0.965 million tonnes of coal from suppliers other than Bogdanka to maintain the inventory levels and perform duties under the contract. The energy company emphasized that the purchase of coal will incur additional significant costs for the group, adding that detailed estimates of the costs are underway.

Last week Bogdanka reduced its 2022 commercial coal output target for the second time in September to about 8.3 million tonnes versus the recently announced lower target of 9.2 million tonnes.