Russia increases coal export to India

​On the background of the decreased value of freight of vessels, Russian coal companies have new opportunities for the development of supplies to the APR markets which are far located from the ports of the Far East, is said in Mechel’s forecast.

Perspective countries for the supply of Russian coal may be India, Malaysia, Thailand etc.

In February 2016 a vessel loaded with thermal coal left for India from the Elga deposit.

In 2015 about 4 mln tons of coal was extorted at the Elga deposit, which is by 3.5 times more than in 2014.

Previously a vessel shipped anthracite extracted in Kuzbass to India.

China is developing its energy sector in the direction of gasification, reduces volumes of coal consumption.

However, other countries of the South-Eastern Asia in general increase the import of raw materials.

In the coming years the stake of imported coal in the region is expected to grow from 32% to almost 50%.