Government approves coal industry development program until 2050 // Government: Russia may increase coal exports by 77% by 2050

Coal exports from Russia by 2050 may grow by 77%, to 350.1 million tons. Such indicators are included in the target scenario of the coal industry development program approved by the government. According to the conservative scenario of the program, the figure will be 238.2 million tons. The inertial scenario assumes exports at the level of 294.8 million tons, the pessimistic scenario is 100.5 million tons.

According to the forecast of the authorities, the share of open-source coal production will gradually grow: from 80-83% in 2036 and to 85% in 2050. The volume of coal supplies for the needs of the Russian electric power industry by 2050 should grow by almost 30%. By 2030, the indicator is expected to reach 90–100 million tons, and by 2050 it will reach 85–125 million tons.

In September, prices for Russian thermal coal in the port of Vostochny exceeded $106 per ton, which was the maximum since the end of 2023. Quotes support the high cost of coal from other countries, including Indonesia and South Africa, in the context of conflict in the Middle East. At the end of the summer, Russia increased coal exports to China, the main foreign market.

Details - in the material "Kommersant" "China in the cut".