Post sponsored by NewzEngine.com

MIL OSI Translation. Region: Russian Federation –

Russian coal exports in September 2020 increased by 9% to 17.5 million tons, according to the Institute for the Problems of Natural Monopolies (IPEM).

The export of Russian coal in the past month has grown significantly in spite of the global trend. Despite the decline in global demand, Russia is increasing supplies not only to the countries of the Middle East and Africa, but also to Europe. The increase in supplies to Europe became possible both due to an increase in demand against the background of an increase in electricity generation by coal-fired power plants, and due to a stable decline in its own production, including due to time constraints introduced as part of measures to combat the spread of Covid-19.

In general, for the period January-September 2020, coal exports from Russia decreased compared to the same period in 2019 by 1.4% to 141.8 million tons. Coal production in Russia since the beginning of the year has decreased by 8.3% to 292.7 million tons.

A source: Exporters of Russia

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and / or sentence structure not be perfect.

MIL OSI Russia News