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Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

EU cuts Russian coal imports ahead of full ban – Reports

  • By Al Mayadeen English
  • Source: Agencies
  • 15 Jul 2022 16:53
2 Min Read

The block imported 48% less thermal coal from Moscow in June compared to May.

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  • A train transports coal at Borodinsky opencast colliery, owned by the Siberian Coal Energy Company (SUEK), near the Siberian town of Borodino east of Krasnoyarsk, Russia February 26, 2019. REUTERS/Ilya Naymushin
    A train transports coal at Borodinsky opencast colliery, near the Siberian town of Borodino east of Krasnoyarsk, Russia February 26, 2019 (Photo: Reuters/Ilya Naymushin)

As the European Union (EU) prepares to impose a full ban on Russian coal in August, the block imported 48% less thermal coal from Moscow in June compared to May, according to the figures provided by CRU consultancy to the Financial Times.

Russian coal exports to the EU were increasing continuously during spring as the bloc was after filling every available storage, before plunging to 1.7 million tonnes last month, as per the commodity consultancy.    

Related News

Macron warns Europe of consequences next winter if it imposes embargo

EU proposes sanctions on Russian coal, shipping

Europe has become more and more dependent on Russian coal for energy after its ban on sea-carried oil imports from Moscow and cuts in natural gas pumped through the Nord Stream 1 pipeline. The bloc is now seeking to replace the Russian oil from South Africa and Australia.

Read: No alternative to Russian oil: OPEC

UBS analyst Myles Allsop, quoted by the British daily, suggested that the EU would have trouble replacing both gas and coal supplies from Russia. Thermal coal was trading at $130 last year and went up currently to $400 a tonne.

In the meantime, Russia has been exploring new markets beyond Europe. It sold more coal to India and China than it did before the pandemic. In June, China accounted for almost a quarter of the 13.7 million tonnes of coal that Russia exported by sea.

  • Russia
  • Nord Stream 1
  • European Union
  • Russian coal
  • Russian sanctions
  • Anti-russian sanctions

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