MOSCOW, Feb 27 (PRIME) – Russia is the world’s third largest coal exporter after Indonesia and Australia with a share of 15%, Energy Minister Alexander Novak said on Thursday.
“The exports are very important and have doubled since 2011. Russia occupies the third position in the world after Indonesia and Australia by coal exports. We hold a 15% share on the global market, and Russian coal companies have ensured around 40% of the global coal market growth,” he said.
Novak also said that Russia’s coal output currently amounts to 440 million tonnes, of which half is exported.
“Russian coal exports will rise from 220 million tonnes in 2019 to 259 million tonnes in 2035 under the conservative scenario and to 392 million tonnes under the optimistic scenario,” he added.
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