In January-October Russia exported 161.2 million tons of coal up by 10.3% YoY. In October coal exports dropped by 23.3% MoM, to 14.8 million tons. Revenue from coal exports in 10 months increased by 25.5%, to $13.7 billion. According to the Federal Customs Service, coke exports in 10 months decreased by 9.6% YoY, to 9.6…
In January-November Ukraine mined 30.687 million tons of coal, down by 4.6% YoY. According to the Ministry of Energy and Coal Industry, coking coal output dropped by 14.2%, to 5.321 million tons, and power-generating coal by 2.3%, to 25.151 million tons. In November coal mining fell by 9.7% YoY, to 2.785 million tons. In 11…
In January-November Ukraine increased the import of coal by 9.9% YoY, to 19.09 million tons. According to the State Fiscal Service, the value of the coal imported stood at $2.693 billion, up by 10.8% YoY. Russia supplied $1.667 billion worth of coal (or 61.91%), USA – $806.34 million (29.94%), Canada – $128.6 million (4.78%) and…
The minister of energy and coal industry Igor Nasalik has suggested increasing the base price of power-generating coal in Ukraine by 10.5%. Thus, the price should grow from the current level of 2535 UAH (without VAT) per ton, set in April, to 2800 UAH. According to Nasalik, the base price increase is necessitated by the…
In 2018 Telen intends to mine 180 thousand tons of coal in the Republic of Sakha (Yakutia). This year the company is operating at the Kharbalakhskoye deposits. So far 160 thousand tons of coal have been mined, or 90% of the target. In short-term Telen wants to increase coal reserves to 10 million tons at…
In November Ukraine produced 2.775 million tons of coal, or 99% of the plan. This was reported by the Coal Miners Union of Ukraine with reference to the data provided by the Energy and Coal Industry Ministry. In particular, mines subordinated to the Energy and Coal Industry Ministry produced 332,543 tons of coal, or 87.1%…
The undistributed fund of the Zabaikalye region has coal worth some 5.5 trillion rubles. Development of these deposits could attract 116 billion rubles and create 2.6 thousand jobs. There are also ongoing projects worth 4 trillion rubles. Investments in them are estimated at 7.4 billion rubles. Moreover, the region has 258 sites with gold and…
Russia’s coal exports to Asia may contract in the next 10 years as some states in the region may refuse the fuel, Natural Resources and Environment Minister Dmitry Kobylkin declared on November 30. “The thing of importance here is not the position of our European colleagues, because as far as I am aware, we do…
