Tuesday, June 14, 2011

Vietnam begins importing coal

A shipment of more than 9,575 tonnes of coal from Indonesia arrived at Vietnam's Cai Lai seaport on 13 June to provide fuel for power generation facilities in the country's central and southern regions.

Remarkably it was reported as the first batch of coal that Vietnam, a nation rich in this resource, had imported.

The Vietnam National Coal and Mineral Industries Group (VINACOMIN) will import some 10 million tonnes of coal, mostly low-energy bituminous coal in 2012. The figure is estimated to reach 100 million tonnes by 2020, to meet the urgent demand for power generation and other industries such as steel and cement making.

VINACOMIN explained that high-energy anthracite coal, which is abundant in Quang Ninh province, will be exported at high prices due to world demand.

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