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Despite coal making up less than 0.5% of Russia's gross domestic product, it is responsible for over 15% of the country's electricity generation.
Russia’s coal industry has slipped into crisis under the weight of high borrowing costs and sanctions as slowing demand in ...
Two of Russia's biggest coal companies have posted huge losses as the country's key energy sector faces a severe crisis due to falling demand in Asia and Western sanctions over Moscow's full-scale ...
China has abruptly turned its back on Putin's "friend".
Western sanctions and difficulties with exports to Asia have triggered a serious crisis in Russia's coal industry. Source: Ilya Seredyuk, Governor of Kemerovo Oblast, at a parliamentary meeting; The ...
GAS AND COAL: Europe has raced to fill part of the energy gap with liquefied natural gas, relying largely on imports from the US and Qatar — though some of those shipments are coming from Russia.
The crisis deepened when Russia’s state-owned exporter Gazprom said the main pipeline carrying gas to Germany would stay closed, blaming an oil leak and claiming the problems ... Russian coal ...
TASS/. Russia’s Energy Ministry expects the country and its coal sector to overcome the current crisis as early as next year, State Secretary, Deputy Energy Minister Dmitry Islamov said in an ...
Russia's huge spending in the sector is only set to grow, and in 2025, defense and security spending will account for over 8% of GDP and 40% of all government expenditures, Prokopenko said.. That ...
Two of Russia's biggest coal companies have posted huge losses as the country's key energy sector faces a severe crisis due to falling demand in Asia and Western sanctions over Moscow's full-scale ...
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