Date: 2 months ago   Category: Energy

The Ministry of Energy expects export growth of coal from Russia in 2018 to more than 200 million tons — Rambler News Service


The Ministry of Energy of the Russian Federation predicts export growth of coal from Russia in 2018 to more than 200 million tons, the Minister of Energy of the Russian Federation Alexander Novak has reported during the meeting of the presidential commission on energy industry. "In 2018 export of coal is expected at the level of higher than 200 million tons" — he has told. Novak has explained that about 100 million tons will be exported in the western direction and about 100 million tons — in east direction. According to Novak, in the western direction of prospect of export are represented limited because of plans of EU countries for coal consumption reduction and also in connection with the predicted competition from suppliers from Colombia and the USA. The share of the Russian coal in the European markets makes nearly 40%, the minister has specified. "As for east direction, here we have a share of 9,3% so far and we see a possibility of doubling of export deliveries by 2025, honor increases in a share to 20%" — Novak has added. As it was reported earlier, according to data of FCS, export of coal in 2017 has made 181,406 million tons that is 9,2% more, than in 2016.

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