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Home Coal Production

Russian government downgrades coal production forecast by 14%

Editor by Editor
4 years ago
Reading Time: 1 min read
Russian coal output
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Under the new amendments to the Russian state program on development of energy industry, in 2021 coal production in Russia is expected to reach 390.7 mio t (-65 mio t or -14% to the previous estimates). In 2022, coal production will decline to 389.5 mio t and will remain at this level in 2023. In 2024, coal production will return to growth and is thought to reach 420 mio t.

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The increase in extraction volumes will be largely driven by stronger output by Elgacoal, belonging to Albert Avdolyan’s A-Property and Kolmar, owned by Anna Tsivileva.

In 2020 Russia’s thermal and metallurgical coal output dropped to 401.4 mio t (-41.1 mio t or -9% to 2019), while exports were steady at 195.1 mio t.

Source: CAA Analytics

[tfws username=”CAA_Analytics” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]

Tags: CAA AnalyticsElgacoalRussian coal productionRussian metallurgical coal productionRussian thermal coal production
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