In January Ukraine imported 1.627 million tons of coal, down by 8.4% YoY. According to the State Customs Service, the value of the imported coal decreased by 33.8%, to $174.446 million. Russia supplied $115.237 million worth of coal (66.06%), USA – $48.505 million (27.81%), Kazakhstan – $10.54 million (6.04%) and other countries – $0.164 million…
The Russian Finance Ministry has offered to raise the mineral extraction tax (MET) on non-hydrocarbon mineral resources to hurt the coal industry most. The ministry suggests a new addend to the coal MET, depending on the global energy and coking coal market situation. The addend will not be used once exports prices fall beyond a…
A company, which has obtained a license for exploration of a coal deposit, has temporarily suspended its activities, Head of Alai district of Kyrgyzstan, Zamirbek Moldokulov, has reported. According to him, a meeting with residents of Lenin village on the coal deposit, located in Taigak-Tash area, has been held. “It was not a rally, but…
In 2019 Kazakhstan exported 28.1 million tons of coal, down by 3.8% YoY. According to the Ministry of Industry and Infrastructure Development, the export decrease is due to the drop of coal demand on foreign markets. Exports to Russia went down by 4.1%, to 21.01 million tons, and to far foreign countries – by 23%,…
Ukrainian President Volodymyr Zelensky has promised to develop and discuss with the public the plans to reform and modernize coalmines. He stated this at a meeting with employees of the Mezhyrichanska coal mine of the Lvivvuhillia state enterprise in Chervonohrad on February 6. “First there will be plans, then we will discuss them with the…
Poland’s state companies will no longer buy coal in Russia, State Asset Minister Jacek Sasin declared on February 6. “I can say that I have completed negotiations with the executives of state companies on the issue and they will no longer import coal. I can say that this is not only about Russian coal. It…
Russian Railways has agreed with Kazakhstan on a 65% discount on Russian coal transit to China, Deputy CEO Alexei Shilo has said at a briefing. “Since we cannot move from Kuzbass to the East via Mariinsk–Mezhdurechensk with the amount that the cargo consignors want, we have offered: let’s see how to go to Kazakhstan and…
The World Bank intends to support the mitigation of social and environmental impacts of the coal industry restructuring in Ukraine, according to the Ministry of Energy and Environmental Protection. “The World Bank, with the support of the European Commission and other international financial institutions, intends to support the mitigation of social and environmental impacts as…
