Russia is the
world’s largest
coal-producing country,
and accounts for 15%
of global coal exports.
Russia plans to increase
output and account for
25% of the global coal
export market .
Production will grow
to 448-530 million tons
annually until 2024,
and up to 485-668
million tons annually
until 2035.
Domestic coal
consumption
will increase
by over 12%
from the
current level
of 196 million
tons annually.
Asia-Pacific states,
Southeast Asia,
the Middle East
and Africa,
will continue to be
the major markets
for Russian coal.
Russia is already
exporting a lot of coal
to China ( 30 million
tons per year ).
The energy ministry
expects that
exports to China
will almost double
in the next 10 years,
to 55 million tons.
India plans
“significantly
increasing”
coking coal imports
from Russia’s
Far Eastern ports.
Vietnam has already
tripled its purchases
of Russian coal
for several new
coal-fired power plants.
The US Energy Information
Administration (EIA)
expects Russia to overtake
Indonesia as the leading
thermal coal exporter
within this decade.
Coal mining in Russia
has production costs
among the world’s lowest.