Swiss coal trader Mercuria, a potential investor in a 24-billion ruble Lavna coal terminal in Murmansk, is unhappy with Russia’s State Transport Leasing Company’s (STLC) decision to work with a company of tycoon Andrei Bokarev, according to Mercuria’s letter to Transport Minister Yevgeny Ditrikh. Lavna with a projected annual capacity of 18 million tons is…
Power-generating coal output in Krasnoyarsk region in January-September grew by 26% YoY, to 780 thousand tons. Coal in the region is mined at the Sayano-Partizanskiy pit, an asset of SAFMAR. Taking into account favorable market situation, this year the pit could for the first time in its 15-year history reach the annual output of 1…
Since the start of the year Amur region has mined 2.5 million tons of power-generating coal, up by 5% YoY. In the region coal is mined at the Erkovetsky and Severo-Vostochniy pits. To further increase Erkovetsky capacities, Amur Coal will by new machines – a hydraulic excavator and bulldozers. (Ukrainian metal)
The Ministry of Energy and Coal Industry believes that in 2019 power-generating coal consumption by power plants will grow by 4.4% YoY, to 27.75 million tons. In particular, it is expected that 5.1 million tons of anthracite and 22.65 million tons of gas coal will be consumed. 4.67 million tons of anthracite will be imported,…
Ukraine increased imports of coal, including anthracite, by 20% YoY, to 15.64 million tons in January-September from 13.03 million tons a year ago, the State Customs Service reported. If measured by value, imports of coal increased by 15%, to $2.19 billion, compared with $1.9 billion in January-September 2017, S&P Global Platts wrote. Most of the…
Deputy Minister of Energy and Coal Industry Anatoliy Korzun says the Cabinet of Ministers has allocated UAH 136 million ($4.8 million) in wages for the country’s miners. “The government has signed a resolution on the allocation of UAH 136 million to pay off wage arrears for miners. Now the last conciliation procedures are underway. I…
In January-September Ukraine increased imports of coal by 20% YoY, to 15.64 million tons. According to the State Fiscal Service, the cost of coal was $2.191 billion, up by 15.4%. Russia supplied $1.374 billion worth of coal (62.72%), USA – $670.563 million (30.59%), Canada – $86.93 million (3.97%) and other countries – $59.532 million (2.72%).…
Indian energy company Tata Power has received a license to invest in a coal deposit on Russia’s Far East, head of the Russian Direct Investment Fund (RDIF) Kirill Dmitriev reported on October 5. “We are actively working with several Indian companies on investments in Russia, including with Tata Power, which plans to develop actively the…
