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SUEK intends to maintain coal exports in 2016g at the level of 2015g - EastRussia | Far East






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SUEK intends to maintain coal exports in 2016g at the level of 2015g

OAO Siberian Coal Energy Company (SUEK) intends to maintain coal exports this year at the level of 2015 year, SUEK President Vladimir Rashevsky told reporters in Krasnoyarsk on Saturday

SUEK intends to maintain coal exports in 2016g at the level of 2015g
“Everything will depend on the conjuncture, it is not very favorable. We are guided by the level of the last year, ”said V.Rashevsky.

According to him, the structure of coal sales does not change fundamentally, Interfax reports.

"The domestic market in our country is very stable, its fluctuations depend mainly on climate change, high or low water in Siberia and the Far East, cold or slightly warmer in winter, but in general this volume in our country is stable in terms of consumption . We annually supply a little more than 50 million tons to the domestic market, ”V.Rashevsky said.

“And from the point of view of export, SUEK supplies to the international market exceed 40 million tons. The conjuncture is now rather weak, the markets did not grow in terms of volumes last year, and therefore the amount of coal we put on the markets this year will depend and fluctuate, including on demand. We will respond in the best way to the market conditions. We think that exports will more or less be at the same level as last year, but maybe slightly lower if the market situation is weak, ”added a top manager.

SUEK in 2015 year reduced production by 1,1% - to 97,8 million tons of coal, sales increased by 6% to 101,1 million tons. In the domestic market, sales increased by 9% - to 54,2 million tons, exports increased by 3%, to 46,9 million tons. The main export markets for SUEK are Japan, China, South Korea, the Netherlands, Taiwan, Great Britain, Germany.
The main owner of SUEK is Andrei Melnichenko (92,2% through SUEK plc), V.Rashevsky has 7,8%.