Thursday, 21 Jul 2011 | By VNS
Vietnam is becoming a coal importer due to high demand and dwindling domestic supplies. Last month, the state owned mining giant Vinacomin Group accepted the country's first ever batch of imported coal for domestic use.
The shipment of 9,570 tonnes imported from Indonesia arrived at Cat Lai Port in the southern province of Dong Nai and would be used as fuel for thermal power plants in the central and southern regions.
According to Vinacomin, Viet Nam has been a coal exporter for decades, relying on its large coal deposits, but the imports have become necessary as buying imported coal has become cheaper than extracting domestic coal.
Importing lowenergy bituminous coal for use in power generators became preferable to using domestic coal, a high energy anthracite mainly used in chemicals and metallurgy, Vinacomin's acting deputy director Vu Manh Hung said that "We should sell our high-quality coal and import cheaper coal. Power plants have been advised not to waste anthracite to generate electricity."
Mr Le Minh Chuan general director of Vinacomin said that earlier projections had said coal imports would become necessary in 2015, but heavy exports of domestic coal and inadequate policies for stockpiling supplies have pushed that date forward.
Vietnam is becoming a coal importer due to high demand and dwindling domestic supplies. Last month, the state owned mining giant Vinacomin Group accepted the country's first ever batch of imported coal for domestic use.
The shipment of 9,570 tonnes imported from Indonesia arrived at Cat Lai Port in the southern province of Dong Nai and would be used as fuel for thermal power plants in the central and southern regions.
According to Vinacomin, Viet Nam has been a coal exporter for decades, relying on its large coal deposits, but the imports have become necessary as buying imported coal has become cheaper than extracting domestic coal.
Importing lowenergy bituminous coal for use in power generators became preferable to using domestic coal, a high energy anthracite mainly used in chemicals and metallurgy, Vinacomin's acting deputy director Vu Manh Hung said that "We should sell our high-quality coal and import cheaper coal. Power plants have been advised not to waste anthracite to generate electricity."
Mr Le Minh Chuan general director of Vinacomin said that earlier projections had said coal imports would become necessary in 2015, but heavy exports of domestic coal and inadequate policies for stockpiling supplies have pushed that date forward.
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