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Based on the country's social and economic development prospects for 2021 and the 2022 and 2023 planning period presented in the Economic Development Report, the Russian Ministry of Economic Development expects the country's coal production in 2020 to decrease by 10.
5% compared to last year to 395 million tons
.
"Expected production in 2020 is expected to be 395 million tonnes (-10.
5%)
," the document said.
”
The ministry explained that the decline in production is related to
the low global coal prices and the downward trend in purchases by many major consumers in the European market.
Russia's coal production fell 9.
2% year-on-year to 259.
1 million tonnes
between January and August 2020, according to data provided by the Central Fuel and Energy Dispatch Agency.
Based on the country's social and economic development prospects for 2021 and the 2022 and 2023 planning period presented in the Economic Development Report, the Russian Ministry of Economic Development expects the country's coal production in 2020 to decrease by 10.
5% compared to last year to 395 million tons
.
"Expected production in 2020 is expected to be 395 million tonnes (-10.
5%)
," the document said.
”
The ministry explained that the decline in production is related to
the low global coal prices and the downward trend in purchases by many major consumers in the European market.
Russia's coal production fell 9.
2% year-on-year to 259.
1 million tonnes
between January and August 2020, according to data provided by the Central Fuel and Energy Dispatch Agency.
