KIEV, Nov. 12 - Steel Mont Trading Ltd. has demanded only 20% of advance payment for supply of coal from South Africa to Ukraine, Ukrinterenergo Director Volodymyr Zinevych said.

"All companies proposed that the condition of supply is advance payment. Steel Mont Trading agreed to finance the deal with own funds by 80%. We give only 20% as an advance payment and receive the banking guarantee at a top-class Swiss bank," he told Interfax-Ukraine on Tuesday.