Google Website Translator Gadget

Tuesday, June 21, 2011

Inter RAO and EDF discussing coal shipments to Europe

Tuesday, 21 Jun 2011

Interfax citing Mr Boris Kovalchuk the Russian company chief as saying that Inter RAO and France's EDF are discussing coal supplies from Russian mines to Europe.

Mr Kovalchuk said the companies had held preliminary talks and that Inter RAO planned to buy coal mines, partly with exports in mind.

Inter RAO is also prepared to invite EDF to take part in another project, to lay a cable from the Baltic Nuclear Power Plant to Germany.

Inter RAO's press office said the company and EDF Trading had signed a memorandum on cooperation in coal trade and would look at forming a joint venture to take this further.

(sourced from Interfax)

No comments: