DOCSLIB.ORG

Ukraine Eiti Report the Abbreviated Version Ukraine Eiti Report the Abbreviated Version

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ukraine Eiti Report the Abbreviated Version Ukraine Eiti Report the Abbreviated Version ukraine eiti REPORT THE ABBREVIATED VERSION UKRAINE EITI REPORT The abbreviated version This report is abbreviated version of National EITI Report of Ukraine 2017 and intended solely for presentation purpose. For detailed information use National EITI Report of Ukraine 2017. Photo: Envato Elements EITI Report of Ukraine 2017 September Parliament passed the Law of Ukraine No. 2545-VIII EXTRACTIVE INDUSTRIES TRANSPARENCY “On providing transparency in the extractive industries” THE 2018 INITIATIVE (EITI): INFORMATION ON THE May DEVELOPMENT Publication of Ukraine’s third national EITI Report 2018 INITIATIVE AND HISTORY OF ITS DEVELOPMENT OF EITI IN July IN UKRAINE UKRAINE 2017 The first validation of Ukraine by the EITI International Secretariat February Publication of Ukraine’s second national EITI Report, which cover two calendar Information on the Initiative 2017 years and additional extractive industries Parliament passed the Law of Ukraine No. 1793-VIII «On Amendments to the Budget Code of The Extractive Industries Transparency The governance and control over the EITI December Ukraine regarding Assignment of the Rental Fee for the Use of Minerals for development of Oil, Initiative (EITI) is a global Standard that has the implementation in a given country are executed by a 2016 Natural Gas, and Gas Condensate»: 5% of revenues from royalties for the use of minerals for the main purpose of promoting the transparency Multi-Stakeholder Group (MSG), which should include extraction of hydrocarbons will be allocated to the local budgets starting from 1 January 2018 of revenues of a state from natural resources. the representatives of the government, business The countries implementing the EITI Standard and civil society. Ukraine also has the EITI National December Publication of Ukraine’s first national EITI Report should disclose the information on tax and other Secretariat, which provides administrative support and 2015 payments received by the state from natural coordinates the activities of the EITI implementation resources extractive companies, the procedures in Ukraine. 16 June Parliament passed the Law of Ukraine No. 521-VIII “On Amendments to Certain Legislative Acts of Ukraine for granting permits (licenses) for the use of natural on Ensuring the Transparency in the Extractive Industries” resources and other information related to the use More information on EITI in Ukraine can be found on 2015 of natural resources. the website www.eiti.org.ua 17 October 2013 Ukraine was accepted as an EITI Candidate Country 10 October The EITI Multi-Stakeholder Group in Ukraine was created, which includes representatives of the government, business 2012 and civil society, on an equal basis FINANCIAL SUPPORT OF EITI IN UKRAINE 30 September Ukraine committed to implement the EITI, having approved the Resolution No. 1098 of the Cabinet of Ministers of Ukraine “On 2009 Ukraine’s Accession to the Extractive Industries Transparency Initiative” World Bank THE SCOPE OF 2017 EITI REPORT OF UKRAINE mining of coal mining of fire clays1 extraction of crude oil mining of high-melting clays1 International Renaissance Foundation extraction of natural gas mining of quartz sand (for the purposes of production of glass)1 mining of iron ores extraction of building stones1 German Goverment through the mining of titanium ores transportation of oil and natural gas «Good Financial Governance» Project mining of manganese ores implemented by the federal enterprise Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH In 2017, based on the results of scoping study and analysis of the information received from the state2, the scope of the EITI Report covered 53 extractive companies, which paid more than 99% of tax revenues from the extractive industries for the benefit of the state. USAID 1 In accordance with the decision of the MSG, no reconciliation of payments were made for companies operating in the four mining industries such as mining of fire clays, high-melting clays, quartz sand and building stones. 2 The state bodies included the STS, the Ministry of Economy and the Derzhgeonadra. 2 3 EITI Report of Ukraine 2017 BRIEF OVERVIEW OF UKRAINE’S EXTRACTIVE According to Geoinform of Ukraine SRPE, as of the beginning of 2018, more than 20 thousand ore deposits and manifestations containing 117 types of minerals have been identified in Ukrainian territory, of which INDUSTRIES approximately half are of commercial value and are registered in the State Registry of Mineral Reserves. CLAYSCLAYS AND SAND AND SAND QUARTZ SANDQUARTZ SAND large largemiddle sizedmiddle sizedsmall small deposits depositsdeposits depositsdeposits deposits FIRE CLAYSFIRE CLAYS LV LV large largemiddle sizedmiddle sizedsmall small deposits depositsdeposits depositsdeposits deposits 1 1 HIGH MELTINGHIGH MELTING CLAYS CLAYS large largemiddle sizedmiddle sizedsmall small deposits depositsdeposits depositsdeposits deposits КM КM 2 2 FOSSILFOSSIL FUELS FUELS DN DN DN DN natural gasnatural gasoil oil oil and oil and natural gasnatural gas КR КR NK NK METALMETAL ORES ORES COALCOAL iron ironmarganesemarganesetitanium titanium hard hard ores ores ores ores ores ores coal coal OIL ANDOIL GAS AND REGIONS GAS REGIONS COAL COALBASINS BASINS 1 East 1oil andEast gas oil region and gas region DN DonetskDN basinDonetsk basin 2 West2 oil andWest gas oil region and gas region LV Lviv-VolynLV Lviv-Volyn basin basin 3 South3 oil andSouth gas oil region and gas region 3 3 KCH KCH IRON IRONORES ORESBASINS BASINS MARGANESEMARGANESE BASINS BASINS KM KremenchuhKM Kremenchuh basin basin NK NikopolNK basinNikopol basin KR KryvyiKR Rih Kryvyibasin Rih basin KCH KerchenskyKCH Kerchensky basin basin 4 5 EITI Report of Ukraine 2017 Volumes of coal mining in Ukraine, COAL by regions in 2017, thousand tonnes6 Volyn region 1,188 years3 101.4 (0.3%) Reserves for extraction Lviv region Luhansk region 1,545.3 (4.4%) Dnipropetrovsk 1,689.2 (4.8%) Balance reserves of coal, region by categories as of 01.01.2018, mln tonnes4 20,142.1 (57.7%) Donetsk region Coal type 34,916.2 11,438.2 (32.8%) Volumes of coal mining 12,976.0 7,846.7 6,530.1 6,089.3 2,593.7 2,564.8 2,564.6 1,916.5 1,010.9 0.005 in Ukraine, thousand tonnes «Д»-type «Г»-type «ДГ»-type «А»-type «Б»-type «Ж»-type «П»-type «К»-type «ПС»-type «ОВ»-type Coal extraction volumes by companies in Ukraine in 2017, thousand tonnes7 DTEK Pavlogradvugillia PJSC 20,142.1 Shakhtoupravlinnia Pokrovske PJSC 4,345.6 Balance reserves of coal, DTEK Dobropolyeugol LLC 2,128.7 by the regions of Ukraine as of 01.01.2018, mln tonnes5 Lvivvuhillia SE 1,342.8 Krasnolymanska LLC 899.3 Selydivvuhillia SE 810.0 Volyn region 4,839.7 DTEK Rovenkyantracite LLC 699.3 69 (0.2%) Bilozerska Mine DLC 644.0 Public sector Lviv region Kharkiv 1,987 DTEK Mine Komsomolets Donbassa PrJSC 614.9 region (4.8%) 14,309 Luhansk Myrnohradvuhillia SE 608.6 region 1,028 (2.5%) (34.5%) DTEK Sverdlovanthracite LLC 595.2 30,076.5 Dnipropetrovsk 10,620 Shakhtoupravlinnia Pivdennodonbaske No 1 SE 447.6 region (25.6%) 13,477 Donetsk Vuhilna kompaniia Krasnolymanska SE 378.4 Private sector region (32.5%) Mine named after M. S. Surgai SE 288.7 41,490 Toretskvuhillia SE 265.0 Lysychanskvuhillia PJSC 234.1 Overall balance Nadiya Mine PJSC 202.5 reserves, mln tonnes 34,916.2 Pervomaiskvuhillia SE 160.5 Volynvuhillia SE 101.4 LE Saint Matrona of Moscow Mine LLC 7.3 Total 6 The Minekoenergo, Coal extraction in Ukraine by mines in December 2017, 3 Balance reserves of coal will cover extraction for 1,188 years, if the volumes of extraction are on the same level as in 2017 http://mpe.kmu.gov.ua/minugol/control/uk/publish/article?art_id=245266889&cat_id=245183238 4 The Geoinform of Ukrain SRPE, State balance sheet of mineral resources of Ukraine, Coal (issue 22), 2018 7 The Minekoenergo, Coal extraction in Ukraine by mines in December 2017, 5 The Geoinform of Ukraine SRPE, Yearbook of Mineral Resources of Ukraine 2018, http://geoinf.kiev.ua/M_R_2018_1.pdf http://mpe.kmu.gov.ua/minugol/control/uk/publish/article?art_id=245266889&cat_id=245183238 6 7 EITI Report of Ukraine 2017 Export of coal Import of coal by country in 2017 8 by country in 2017 9 NATURAL GAS Volume of exported Coast of exported Volume of imported Coast of imported products, thousand tonnes products, mln USD products, thousand tonnes products, mln USD Total 635.8 105.5 Total 19,777.7 2,743.8 40 years10 Russia 312.6 57.5 Russia 13,256.7 1,552.0 Reserves for extraction Slovakia 234.4 41.5 USA 3,408.2 681.9 Other 88.8 6.5 Canada 908.5 182.2 Balance reserves of the natural gas, by the regions of Ukraine as of 01.01.2018, mcm11 Republic of 714.1 65.8 South Africa Sumy region Australia 542.5 116.4 41,334 29,443 Other regions (5.0%) (3.5%) Poland 443.6 56.6 Kharkiv region Kazakhstan 408.6 270,868 74.5 Poltava region Lviv region 72,272 (32.7%) 317,630 (8.7%) 30,556 (38.3%) Other 95.6 14.3 Ivano-Frankivsk (3.7%) region Dnipropetrovsk 13,079 region (1.6%) Black Sea Crimea 829,449 shelf 16,761 Overall balance 37,506 (2.0%) reserves, mcm (4.5%) Volumes of natural gas extraction, by the regions of Ukraine in 2017, mcm12 Sumy region Other regions 83 (0.4%) 291 (1.4%) Kharkiv region Luhansk Lviv region 667 (3.3%) 9,616 region Poltava region 8,648 (42.2%) (46.9%) Ivano-Frankivsk region 433 (2.1%) 220 (1.1%) Dnipropetrovsk region 551 (2.7%) 20,509 Volumes of natural gas extraction in Ukraine, mcm Photo: DTEK 10 Balance reserves of natural gas will cover extraction for 40 years, if the volumes of extraction are on the same level as in 2017 8 The SSSU, Foreign trade of certain
Load more

Recommended publications
  • Naftogaz of Ukraine 2014 Annual Report
    NAFTOGAZ OF UKRAINE 2014 ANNUAL REPORT New Ukraine Europe New rules Market Transparency Naftogaz Reform Europe New Ukraine Europe New rules Naftogaz Market Europe New UkraineNew Transparency Reform Ukraine Naftogaz New rules Europe Naftogaz New Ukraine Market Naftogaz Europe New Ukraine Reform Transparency Naftogaz EuropeReform Europe Naftogaz New Ukraine New rules Transparency New rules Transparency New rules Europe Transparency New Ukraine Naftogaz New rules Europe Market Reform Reform Naftogaz Market Reform TransparencyNew rules Reform Europe New rules Market Reform Transparency New Ukraine Transparency Transparency Naftogaz New Ukraine Naftogaz New rules Reform NaftogazTransparency Market New rules Reform Europe Reform Naftogaz New rules Europe Naftogaz New Ukraine Transparency Market Transparency New rules Naftogaz Transparency Reform Europe New rules Market New Ukraine New Ukraine Transparency New rules New rules Market Market New Ukraine Europe Transparency Reform Europe New Ukraine New Ukraine Naftogaz Transparency New rules Reform New rules Naftogaz New rules New Ukraine Reform Market Europe New rules ReformNaftogaz Transparency Europe Reform Naftogaz Transparency Reform MarketNaftogaz Reform Naftogaz New rules Naftogaz New Ukraine Market Market Naftogaz Transparency Transparency Reform Europe Transparency New rules New rules New rules Reform New Ukraine Market Transparency New rules Naftogaz Market Europe Changing for the future Ukraine’s gas transmission Entry capacity: EUROPE’S LARGEST GAS MARKETS, 2014, bcm NAFTOGAZ AT A
    [Show full text]
  • Green Brand of Companies and Greenwashing Under Sustainable Development Goals
    sustainability Article Green Brand of Companies and Greenwashing under Sustainable Development Goals Tetyana Pimonenko 1, Yuriy Bilan 2,* , Jakub Horák 3 , Liudmyla Starchenko 4 and Waldemar Gajda 5 1 Department of Marketing, Sumy State University, 40007 Sumy, Ukraine; [email protected] 2 Faculty of Management, University of Social Sciences, 90–113 Lodz, Poland 3 School of Expertness and Valuation, The Institute of Technology and Business in Ceskˇ é Budˇejovice, Okružní 517/10, 37001 Ceskˇ é Budˇejovice,Czech Republic; [email protected] 4 Department of Economics, Entrepreneurship and Business Administration, Sumy State University, 40007 Sumy, Ukraine; [email protected] 5 Warsaw Management School-Graduate and Postgraduate School, Siedmiogrodzka 3A, 01204 Warszawa, Poland; [email protected] * Correspondence: [email protected] Received: 15 January 2020; Accepted: 21 February 2020; Published: 24 February 2020 Abstract: Implementing Sustainable Development Goals (SDGs) and increasing environmental issues provokes changes in consumers’ and stakeholders’ behavior. Thus, stakeholders try to invest in green companies and projects; consumers prefer to buy eco-friendly products instead of traditional ones; and consumers and investors refuse to deal with unfair green companies. In this case, the companies should quickly adapt their strategy corresponding to the new trend of transformation from overconsumption to green consumption. This process leads to increasing the frequency of using greenwashing as an unfair marketing instrument to promote the company’s green achievements. Such companies’ behavior leads to a decrease in trust in the company’s green brand from the green investors. Thus, the aim of the study is to check the impact of greenwashing on companies’ green brand.
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview ............................................................................................................................................................................... 4 Business overview ................................................................................................................................................................................ 5 Disclosures about market risk ............................................................................................................................................................... 44 Group organizational structure ............................................................................................................................................................. 47 Key transactions and events in 2019 .................................................................................................................................................... 50 Recent developments ........................................................................................................................................................................... 53 Research and development .................................................................................................................................................................. 54 Sustainable development ....................................................................................................................................................................
    [Show full text]
  • Ukrainian M&A Review 2018
    Ukrainian M&A Review 2018 February 2019 KPMG in Ukraine kpmg.ua Ukrainian M&A Review 2018 1 Contents Overview 2018 2019 in Review Outlook 04 08 14 Methodology Appendices Continued reform is the key to FDI 18 Crossing the M&A tax border 22 In good times and bad 24 A long road to privatisation 26 28 29 © 2019 KPMG. All rights reserved. 2 Ukrainian M&A Review 2018 Introduction Despite global economic headwinds and the inevitable uncertainty the elections will bring, we remain cautiously optimistic that provided government policy remains consistent and fiscally responsible, Ukrainian M&A will deliver a third consecutive year of growth in 2019, albeit probably in low single-digits. Ukrainian M&A recorded a second Ukraine’s economic recovery Since launching the first Ukrainian consecutive year of double-digit continued in 2018, with GDP growth M&A Review, we have invested growth in 2018, with 80 transactions to be around 3.3 per cent for the heavily into our Deal Advisory announced, representing a 19 per year. Although sluggish at times, the capabilities to ensure that we remain cent increase over the previous government made further progress at the forefront of developments on year, and a total of USD1.8 billion with its reform agenda during 2018, the local market, so that we are able invested, up by 78 per cent on 2017. most notably by passing legislation to help our clients to successfully to implement a functioning anti- execute their M&A strategy. We Although domestic buyers took corruption court. Agreement of the continue to responsibly promote an even firmer hold of Ukrainian IMF Stand-by Agreement at the end Ukraine as an investment destination M&A in 2018, accounting for around of 2018, should provide investors and to play our part in the sustained two-thirds of deal value and deal with further reassurance about the development and transformation of volume, international investors economic outlook for the country.
    [Show full text]
  • Щюаl,"П#-#/ PJSC "Arcelormittal Kryvyi Rih" Мr
    пЕрвиннА оргАнlзАцlя проФспlлки трудящих мЕтАлургlйноi l гIрничодоБувноТ промисловостl укрдТни пАт <<АрсЕлормlттАл кривий рlг" 5О095, м. Кривий Рiг, вул. Криворiжсталi, 1. Тел. +З8О 56 499 З1 66, €дрпоу 25842148, UА98З22зlЗ00000260050000111В7 в АТ <Укрексiмбанк> м, Ки'Гв E-mail: [email protected] . Web: www.amkrprof.org.ua Сhаirmап of the Supervisory Board //Щюаl,"П#-#/ PJSC "ArcelorMittal Kryvyi Rih" Мr. УIr. Vijay Goyal МеmЬеrs of the Supervisory Board PJSC "ArcelorMittal Kryvyi Riho': Мr. Clark David Gеоrgе Мrs. Апа Escobedo Мr. Ishchuk Serhiy Ivanovych Мr. Lahodiyenko Oleh Иktorovych Мr. Аrоrа Vishal Мr. Somani Аruп Мr. Matthew Loynes Executive Сhаirmап of ArcelorNlittal Grоuр Мr. Lakshmi Mittal СЕО of ArcelorMittal Grоuр Мr. Aditya Mittal Head of Нumап Resources of ArcelorMittal Group N{r. Ваrt Wille рRЕSЕг{тАтIоI\ Pursuant to дrtiсlе 45 of the Labor Code of lJkraine, par1 one of Article 3З, Clause 9 of par1 one of Article ЗВ of the Law of Ukraine "On Trade Unions, their Rights and Guarantees of Activity", based on the decision of the Trade lJnion Com- miitee of the primary organization of the Trade union of Metalworkers and N{iners оf Ukraine PJSC "ArcelorN4ittal Kryvyi Rih" dated N{ay 1 |,2021, we demand to ter- pJsc minate the labor agreement (contract) with the chief Executive officer of "ArcelorMittal Kryvyi Rih" - Mauro Longobardo. Iп ассоrdапсе luith Clause в.4.1. of the Charter of PJSC "ArcelorMittal Klyvyi Rih"; "The sole Executive Body of the Соmрапу, whichmaпages its сurrепt ac-tiyities, shall Ье the сЕо. The СЕо, solely, at his оwп discretioп апd uпdеr his оwп respoпsibility, shall mаkе all decisioпs оп matters withiп his соmреtепсе ..
    [Show full text]
  • Annual Report 2019 Contains a Full Overview of Its Corporate Stakeholder Expectations As Well As Long-Term Trends Governance Practices
    Table of Contents Management report Company overview 4 Business overview 5 Disclosures about market risk 44 Group organizational structure 47 Key transactions and events in 2019 50 Recent developments 53 Research and development 54 Sustainable development 57 Corporate governance 67 Luxembourg takeover law disclosure 108 Additional information 110 Chief executive officer and chief financial officer’s responsibility statement 115 Financial statements of ArcelorMittal parent company for the year ended December 31, 2019 116 Statements of financial position 117 Statements of operations and statements of other comprehensive income 118 Statements of changes in equity 119 Statements of cash flows 120 Notes to the financial statements 121 Report of the réviseur d’entreprises agréé 170 4 Management report Company overview other countries, such as Kazakhstan, South Africa and Ukraine. In addition, ArcelorMittal’s sales of steel products History and development of the Company are spread over both developed and developing markets, which have different consumption characteristics. ArcelorMittal is the world’s leading integrated steel and ArcelorMittal’s mining operations, present in North and mining company. It results from the merger in 2007 of its South America, Africa, Europe and the CIS region, are predecessor companies Mittal Steel Company N.V. and integrated with its global steel-making facilities and are Arcelor, each of which had grown through acquisitions over important producers of iron ore and coal in their own right. many years. Since its creation ArcelorMittal has experienced periods of external growth as well consolidation Products: ArcelorMittal produces a broad range of high- and deleveraging (including through divestments), the latter quality finished and semi-finished steel products (“semis”).
    [Show full text]
  • People Products Infrastructure Resources Air, Land and Water Responsible Energy Supply Chains Local Communities Scientists and Engineers Impact Measurement
    People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement 1 People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement People Products Infrastructure Resources Air, land and water Responsible energy Supply chains Local communities Scientists and engineers Impact measurement Table of content About ArcelorMittal About ArcelorMittal . 3 Message from CEO . 4 Sustainable development through 10 outcomes . 5 Our progress in 2017 . 6 Safe, healthy, quality working lives for our people . 8 Products that accelerate more sustainable lifestyles . 12 23 815 employees is average headcount Products that create sustainable infrastructure . 12 of PJSC ArcelorMittal Kryvyi Rih 5.8 MT of steel produced in 2017 Efficient use of resources and high recycling rates . 14 Trusted user of air, land and water . 15 Responsible energy user that helps create a lower carbon future . 20 Supply chains that our customers trust . 21 Active and welcomed member of the community . 22 Pipeline of talented scientists and engineers for tomorrow . 23 Our contribution to society measured, shared and valued . 24 Transparent good governance . 25 About this report . 27 Performance at a glance . 28 Annex 1: GRI Content Index . 30 Annex 2: Independent Assurance Report . 34 ArcelorMittal is leading global steelmaking company with steel products – rebar and wire rod of ordinary and alloyed annual achievable capacity of about 113 MT of steel with grades, wire rod, bars and sections of low alloyed grade as about 197 thousand employees in 60 countries of the well as special purpose steel grades .
    [Show full text]
  • Preliminary Programme
    Technical Programme XXth International Conference “Geoinformatics: Theoretical and Applied Aspects” 11-14 May 2021, Kiev, Ukraine Dear colleagues For the second time our conference falls during quarantine when we can't meet the traditional way, therefore it will be held again in online form. As the last year showed, this format increases the number of participants of the conference, and therefore for the authors of the presentations is an excellent opportunity to popularize their research and results of their work. The conference will be held as planned on May 11‐14, 2021. For comfortable work of the conference we have planned 2 virtual halls ‐ Hall 1 and Hall 2 for oral and poster presentations. To participate in the conference, you will need to make an appointment in the presentation Halls. You will need to enter your First and Last Name and e‐mail address. Do this before the conference starts. On the May 1 will be available information for Halls registration on our website. GISTRATION IN HALL 2 Virtual halls are organized on the basis of Zoom platform. Therefore, to participate in the conference you will need to install this software. App installation Zoom for windows Other versions (All platforms) Here is a good guide to Zoom. На Русском языке In English We also found a good one инструкцию в Фейсбуке (Russian) XXth International Conference on Geoinformatics ‐ Theoretical and Applied Aspects 2 11‐14 May 2021, Kiev, Ukraine GEOINFORMATICS 2021 PROGRAMME HIGHLIGHTS Tuesday, May 11 11:00 – 12:00 Opening of the conference – Hall 1 12:00 – 13:30 Plenary Session, Session Chair ‐ Yakymchuk M.A.
    [Show full text]
  • 2020-Arcelormittal-Annual-Report.Pdf
    Table of Contents Page Page Share capital 183 Management report Additional information Introduction Memorandum and Articles of Association 183 Company overview 3 Material contracts 192 History and development of the Company 3 Exchange controls and other limitations affecting 194 security holders Forward-looking statements 9 Taxation 195 Key transactions and events in 2020 10 Evaluation of disclosure controls and procedures 199 Risk Factors 14 Glossary - definitions, terminology and principal 201 subsidiaries Business overview Chief executive officer and chief financial officer’s 203 Business strategy 35 responsibility statement Research and development 36 Sustainable development 40 Consolidated financial statements 204 Products 54 Consolidated statements of operations 205 Sales and marketing 58 Consolidated statements of other comprehensive 206 Insurance 59 income Intellectual property 59 Consolidated statements of financial position 207 Government regulations 60 Consolidated statements of changes in equity 208 Organizational structure 67 Consolidated statements of cash flows 209 Notes to the consolidated financial statements 210 Properties and capital expenditures Property, plant and equipment 69 Report of the réviseur d’entreprises agréé - 322 consolidated financial statements Capital expenditures 91 Reserves and Resources (iron ore and coal) 93 Operating and financial review Economic conditions 99 Operating results 120 Liquidity and capital resources 132 Disclosures about market risk 137 Contractual obligations 139 Outlook 140 Management and employees Directors and senior management 141 Compensation 148 Corporate governance 164 Employees 173 Shareholders and markets Major shareholders 178 Related party transactions 180 Markets 181 New York Registry Shares 181 Purchases of equity securities by the issuer and 182 affiliated purchasers 3 Management report Introduction Company overview ArcelorMittal is one of the world’s leading integrated steel and mining companies.
    [Show full text]
  • Investor Presentation
    A Compelling Iron Ore Investment Opportunity Corporate Presentation October 2014 TSX: BKI Disclaimer Forward Looking Statement TSX: BKI This Presentation contains ‘‘forward-looking information’’ within the meaning of applicable Canadian securities legislation. Forward-looking information is based on what management believes to be reasonable assumptions, opinions and estimates of the date such statements are made based on information available to them at that time, including those factors discussed in the section entitled ‘‘Risk Factors’’ in the Company’s annual information form for the year ended December 31, 2013 (and dated March 14, 2013) or as may be identified in the Company’s public disclosure from time to time, as filed under the Company’s profile on SEDAR at www.sedar.com. Forward-looking information may include, but is not limited to, statements with respect to results of the Feasibility Study (as defined below) and the mineral reserve and resource estimate, the future financial or operating performance of the Company, its subsidiaries and its projects, the development of and the anticipated timing with respect to the Shymanivske project, the ability to obtain financing on commercially reasonable terms; and the impact of concerns relating to permitting, regulation, governmental and local community relations, including the results of upcoming Presidential elections and Western and Russian responses to the results of said elections. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or “completion of the transaction with Metinvest” or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
    [Show full text]
  • JSC PROMARMATURA Possibilitys of Joint Business in Ukraine
    JSC PROMARMATURA possibilitys of joint business in Ukraine 2 3 Ladies and gentlemen Promarmatura company expresses its respect and presents opportunities for joint business in Ukraine. Promarmatura is the largest Ukrainian manufacturer and integrated supplier of pipe valves of different grades of ordinary and special steels and alloys For more than 20 years of work Promarmatura proved itself a reliable partner, upplying its products to dozens of companies from Ukraine, Russia, Kazakhstan, Belarus, Bulgaria, Austria. Yours faithfully The reference list on page 8 All activities of the company Promarmatura certified for compliance with the international standard of quality Igor Mezhebovsky management ISO 9001 and European standards and General Director directives JSC PROMARMATURA Permits and certificates on page 6 The ownership of the company - a full cycle product plant, including metallurgical and forging production, the production of machinery products in Mirgorod Poltava region (the largest agricultural area for growing corn and the leading region of Ukrainian oil and gas productuion) and the city of Dnipropetrovsk region - Slavgorod (the largest industrial region), as well as business center and warehouse in Dnepropetrovsk. The structure of the company on page 4 AlexanderChelyadin Our industrial, technological, logistical and human resources Board of Directors Chairman give us ability to expand existing business, developing new SC PROMARMATURA types of metallurgical and engineering products, and create almost new projects. We can offer you are in our property warehouses and operating enterprises (including the land on which our facilities are located) with all theirs infrastructure for the creation of new businesses – up to a complete change of the profile of one of our plants.
    [Show full text]
  • Oil & Gas Journal
    MAR. 4, 2019 | USD 15 International Petroleum News and Technology | www.ogj.com CAPITAL SPENDING UPDATE US OLEFINS UKRAINE OFFERS NEW PSAS IEA UPDATES EOR PROJECTS, OUTPUT IMPROVING NAPHTHA CRACKING MARCELLUS-UTICA OPTIONS 190304OGJc1-c5.indd 1 2/26/19 3:08 PM Oilwell Supply North Sea Cables Norge AS Texas Mill Supply United Distribution Capital Valves National Supply Wallace Company Machine Tools Supply Bovaird Supply MacLean Electrical Union Supply Wilson Supply Midco Odessa Pumps & Equipment Republic Supply Continental EMSCO Highland Pump & Supply Colorado Valve & Controls DOSCO/TS&M Van Leeuwen USA Texas Oil Works CE Franklin HOMCO Supply Mannesmann International Alloys Power Service Inc. OAASIS Group Rye Supply Tyler Dawson Energy Delivered.™ Dupré Supply Challenger Industries, Inc. Since 1862, a diverse legacy of quality companies has gathered strength and now Mid-Valley Supply S&D Supply stands as the single global source for energy industry products, market-focused applications Mid-Continent Supply and total supply chain solutions. DNOW has the unmatched scope and scale to never stop delivering value so clients can accelerate their businesses and surpass their goals. DISTRIBUTIONNOW.COM © 2019 DistributionNOW. All rights reserved. DistNow_OGJ_190304 1 2/18/19 10:50 AM 190304OGJc1-c5.indd 2 2/26/19 3:09 PM CONTENTS Mar. 4, 2019 Volume 117.3 GENERAL INTEREST SPECIAL REPORT CAPITAL SPENDING UPDATE IEA: Crude oil quality matters amid lower supply Growth of US upstream 26 spending to decelerate in 2019 Conglin Xu Queensland’s CSG-LNG
    [Show full text]