Ministry of Industry and addressed the problem of falling costs COAL
The Director of the Department of Energy Ministry of Industry and A. Yanovsky held a meeting of the working group on the development of carbon markets and transport infrastructure, which was attended by representatives of the Ministry of Economic Development, Ministry of Transport, the FTS Rosmorrechflot, the Federal Energy Agency, Russian Railways, the largest coal companies (SUEK, KRU, Siberian business world). The press service of the Ministry of Industry.
The Working Group was established to coordinate approaches to the development of the domestic coal industry and the development of transport (primarily rail and port) infrastructure.
The working group approved the plan of the working group on the 2005 Deputy Head of domestic consumption and exports of energy resources Vladimir Shumeyko gave an overview of the proposals of the coal companies in the report On the status and problems of internal and external coal markets and proposals for their solution .
The meeting noted the emerging unfavorable situation on the world coal markets. In particular, during the period from December 2004 to August 2005 the international price of coal fell on average by 24%. In the period from July 8 to August 5, 2005 decline in the major coal markets was: SIF Europe (Amsterdam, Rotterdam, Antwerp) - 7,6%, FOB Richards Bay (South Africa) - 8,3%, FOB Newcastle (Australia ) - 6.7%, which may adversely affect the dynamics of exports of domestic coal.
Participants of the meeting outlined a plan for the preparation of the next meeting to be held in September
