India plans to buy almost all Russian coking coal and anthracite supplied for export
24.08.2020
India plans to buy almost all Russian coking coal and anthracite supplied for export: Delhi and Moscow are discussing the supply of up to 40 million tons of raw materials per year worth about $4.5 billion at current prices. Russia currently exports less than 1 million tons of metallurgical coal to India out of a total export of 46 million tons. To increase supplies, it is planned to roll out the route through the ports of the south of the Russian Federation, in connection with which the Ministry of Energy is asking for state support for the OTEKO terminal in Taman. Of the Russian coal miners, deliveries to India are most interesting for Sibanthracite. and Colmar.
India is interested in purchasing coking coal, anthracite and pulverized coal (PCI) and requested a volume of up to 40 million tons per year, Deputy Energy Minister Anatoly Yanovsky said at a meeting of the State Council working groups on August 14, Kommersant's sources who participated in the meeting said. According to the official, they note, negotiations were held with the Indian Ministry of Steel Industry. Calculations by the Ministry of Energy show that the volumes can be delivered and will be "quite competitive"; with coals from Australia. further Kommersant
