Chubais: RussiaТs coal strategy fails as China to cut consumption - Metals & Mining - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Chubais: RussiaТs coal strategy fails as China to cut consumption

VLADIVOSTOK, Sep 3 (PRIME) Ц RussiaТs 2020 coal industry development strategy adopted in 2020, cannot be fulfilled because China plans to reduce consumption from 2025, presidential envoy Anatoly Chubais said at the Eastern Economic Forum on Friday.

"We have a coal strategy, it was elaborated with the Siberian Coal Energy Company (SUEK), as I understandЕ Our strategy has failed, it is impossible to fulfill it in this situation," Chubais said.

The official suggested that the coal companies invest in coal chemistry to stay afloat.

End

03.09.2021 08:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 85.6823 +0.4783 25 sep
USD 73.0081 +0.2836 25 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 4038.23 -0.34 18:50 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 343.80 +0.10 23:14 25 sep
lkoh 6810.50 +0.14 23:14 25 sep
rosn 612.80 +2.43 23:14 25 sep
sber 324.79 -0.68 23:14 25 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 85.1425 -0.2275 14:59 24 sep
USDTD 72.8400 +0.0725 17:44 24 sep