Changes

Jump to navigation Jump to search

Expansion plans for leading coal exporters

427 bytes added, 04:37, 26 June 2014
→‎Russia: added Port Vera
==[[Russia and coal|Russia]]==
 
===Overview===
* Port Vera coal terminal: This 20 million tonne per year project near Cape Otkytiy is being developed by China's Shenhua International and Rostoc's Global Resources. The project will support the development of the Ogodzhinsky coal deposit in the Amur region.<ref>[http://bit.ly/1jkK6rk "China's Shenhua, Russian Rostec sign MOU to develop Siberian coal deposits,"] Platts, 19 June 2014</ref>
 
===Background===
In 2009, Russia exported 12.09 million tonnes of coal to China, up 1,500% over 2008.<ref name="lb">Luke Burgess, [http://www.energyandcapital.com/articles/russia-china-agree-to-6-billion-deal-for-475-million-tonnes-of-coal/1265 "Russia Inks $6 Billion Deal with China to Supply 475 Million Tonnes of Coal"] Energy & Capital, Sep. 10, 2010.</ref> In 2010, Russia shipped 32 million tons to India, Taiwan, South Korea, Japan and China;<ref>Ilya Arkhipov and Yuliya Fedorinova, [http://www.bloomberg.com/news/2012-01-24/russia-plans-to-more-than-double-coal-exports-to-asia-by-2030.html "Russia Plans to More Than Double Coal Exports to Asia by 2030"] Bloomberg, Jan. 24, 2012.</ref> during the first half of 2010, Russia exported 6 million tonnes of coal to China, making it currently the fourth-largest coal exporter to China. Russia plans to increase annual coal exports to China to 15 million tonnes for the next five years, then increase exports to 20 million tonnes per year for the next 20 years;<ref name="lb">Luke Burgess, [http://www.energyandcapital.com/articles/russia-china-agree-to-6-billion-deal-for-475-million-tonnes-of-coal/1265 "Russia Inks $6 Billion Deal with China to Supply 475 Million Tonnes of Coal"] Energy & Capital, Sep. 10, 2010.</ref> overall, Russian officials have said they want to more than double coal exports to Asia to an annual 85 million metric tons by 2030.<ref>Ilya Arkhipov and Yuliya Fedorinova, [http://www.bloomberg.com/news/2012-01-24/russia-plans-to-more-than-double-coal-exports-to-asia-by-2030.html "Russia Plans to More Than Double Coal Exports to Asia by 2030"] Bloomberg, Jan. 24, 2012.</ref>

Navigation menu