Saturday, 28 Jan 2012
Interfax reported that Russia Energy Ministry is dissatisfied with rising prices for certain coal types and ready to initiate discussion on increasing the commodity export duty.
Mr Sergei Shmatko Energy Minsiter of Russia said "The increase in coal prices by 15% to 20% and up to 40% as well as the appearance of a deficit in certain coal type is unjustifiable for us. If this continues we will be forced again to discuss raising the export duty on coal."
Mr Shmatko did not specify the brands of coal in question.
(Sourced from Interfax)
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