The coal path shines through the fog // Authorities are looking for ways out of the future crisis for the industry

The coal path shines through the fog // Authorities are looking for ways out of the future crisis for the industry

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The State Council Energy Commission believes that the coal industry of the Russian Federation is on the verge of a severe crisis, which will lead to losses of 450 billion rubles. based on the results of the year, covering earnings in 2020–2021. The reason is falling prices, rising logistics costs and rising costs of servicing loans. To support the industry, it is proposed to cancel the export duty or introduce a cut-off price below which it does not apply, as well as to return benefits and give new discounts to the tariffs of Russian Railways. The Ministry of Finance, according to Kommersant, is against the cut-off price. Analysts believe that energy coal prices will not rise above the proposed level.

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