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Russian Energy Minister Alexander Novelk said Russia plans to increase its coal production to more than 420 million tons in 2018, on track to surpass the highest level of Soviet-era production set in 1988
.
Russia's coal production will exceed 420 million tons this year
From 2012 to 2017, Russian coal production increased by 15.
5% to 410 million tons
.
The government said investment in the coal sector could reach 130 billion rubles
per year.
"According to our estimates, Russia's coal exports are expected to exceed 200 million tons in 2018, with about 100 million tons in the west and 100 million tons
in the east," Novak said.
”
Novelk added that exports to Europe are not large
as they are gradually phased out fossil fuels.
,
Russian Energy Minister Alexander Novelk said Russia plans to increase its coal production to more than 420 million tons in 2018, on track to surpass the highest level of Soviet-era production set in 1988
.
Russia's coal production will exceed 420 million tons this year
Russia's coal production will exceed 420 million tons this yearFrom 2012 to 2017, Russian coal production increased by 15.
5% to 410 million tons
.
The government said investment in the coal sector could reach 130 billion rubles
per year.
"According to our estimates, Russia's coal exports are expected to exceed 200 million tons in 2018, with about 100 million tons in the west and 100 million tons
in the east," Novak said.
”
Novelk added that exports to Europe are not large
as they are gradually phased out fossil fuels.
,