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Eastern Economic Forum

Infrastructure possibilities, demand for Russian coal estimated at 360 mln tons per year

In particular, demand for Russian coal will exceed 200 mln tons in the eastern direction by 2030, according to the ministry’s estimates

VLADIVOSTOK, September 9. /TASS/. Russia’s Energy Ministry estimates infrastructure possibilities and demand for Russian coal at 360 mln tons per year, Energy Minister Sergey Tsivilyov said in an interview with TASS at the Eastern Economic Forum (EEF).

"Our infrastructure possibilities and demand for Russian coal are totally estimated at around 360 mln tons per year," he said.

In particular, demand for Russian coal will exceed 200 mln tons in the eastern direction by 2030, according to the ministry’s estimates. "In the south it would be good to have an opportunity to carry around 60 mln tons by rail, which virtually meets the capacity of the terminal in Taman. As far as northwest is concerned, considering new markets and supplies to Asia it may surpass 100 mln tons," Tsivilyov added.

The port capacities are in the surplus, the minister noted. "On coal alone, it [capacity] equals 45 mln tons in the northwest and 63 mln tons considering capacities of the Lavna port, [capacity totals] 23 mln tons in the south, 35 mln tons in the Far East. Moreover, many projects are at the construction stage," he said. In total, ports are now loaded by 58% in the south, by 49% in the northwest, and by 76% in the Far East.

The Eastern Economic Forum took place on the campus of the Far Eastern Federal University in Vladivostok on September 3-6. The main theme of the EEF this year was ‘Far East 2030. Combining strengths to create new potential’.

The EEF is one of the largest international conferences in Russia. It has been held in the Primorsky Region’s Russky Island in Vladivostok since 2015. The forum's objectives and goals include promoting the accelerated growth of Russia’s Far East region; assessing its potential for exports; expanding international cooperation in the Asia-Pacific Region; showcasing the investment appeal of the region, its steadily progressing territories, and the Vladivostok free port.

The Roscongress Foundation has served as the Forum’s organizer since 2016. TASS is the general information partner of the EEF.

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