Records Show Russian Coal Exports Increased in Q1 2023
Records published by the Kommersant business daily show that Russia’s coal exports have increased by nearly 20% in the first quarter of 2023. The publication reported that exports of all types of Russian coal from January to April had gone up by 18% following an uptick in coal exports in March. Russia exported 69.9 million tons of coal over the sea in Q1 2023, with shipments through the usually profitable ports in the south and Far East decreasing due to competition from other kinds of cargo. The Kremlin has been subject to extensive sanctions since early 2022 from most Western…