https://sputniknews.in/20231215/india--asia-are-promising-markets-for-russian-coal-experts-5838833.html
India & Asia - Promising Markets for Russian Coal: Experts
India & Asia - Promising Markets for Russian Coal: Experts
Sputnik India
Russia considers expanding energy supplies to Asia, with experts forecasting significant growth in coal exports to India and Vietnam, driven by these countries' development, energy needs, and population growth.
2023-12-15T11:58+0530
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2023-12-18T10:53+0530
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Russian President Vladimir Putin said at a press conference on Thursday that Russia is considering further expanding energy supplies to various Asian countries, including India and China.Leonid Khazanov, an independent industry expert, said that Russia is interested in boosting coal exports to India and China. In his opinion, there are prospects for Russian coal supplies to Vietnam, Malaysia, the Philippines, Thailand, Pakistan, Taiwan and Turkiye.Akhmed Aliyev, an analyst at BKS Investment World, expressed a similar view. "In our opinion, India could be a promising market for Russian coking coal," he said.In September, Nikolai Shulginov, the head of Russia's Energy Ministry, said that Russian coal exports had increased by over 3% compared to 2022, while production had risen by almost 1%.
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russia, india, asia, south asia, vladimir putin, putin, putin's clone, ai, coal, energy, energy supplies, pakistan, turkiye, the philippines, china, modi, narendra modi, xi jinping, coal production, energy security, trade
India & Asia - Promising Markets for Russian Coal: Experts
11:58 15.12.2023 (Updated: 10:53 18.12.2023) Russia considers expanding energy supplies to Asia, with experts forecasting significant growth in coal exports to India and Vietnam, driven by these countries' development, energy needs, and population growth.
Russian President Vladimir Putin said
at a press conference on Thursday that Russia is considering further
expanding energy supplies to various Asian countries, including
India and
China.
Leonid Khazanov, an independent industry expert, said that Russia is interested in
boosting coal exports to India and China. In his opinion, there are
prospects for Russian coal supplies to Vietnam,
Malaysia, the Philippines, Thailand, Pakistan, Taiwan and Turkiye.
"In the next ten years the volume of Russian coal exports to India may reach 80 million tons, and to Vietnam - 40-50 million tons. Such a forecast is conditioned by the pace of development of Asian states, their energy programs, the growth rate of population and industry," Khazanov said.
Akhmed Aliyev, an analyst at BKS Investment World, expressed a similar view. "In our opinion, India could be a
promising market for Russian coking coal," he said.
In September, Nikolai Shulginov, the head of Russia's Energy Ministry, said that Russian coal exports had increased by over 3% compared to 2022, while production had risen by almost 1%.
