Out of Coal? “In years to come, how much coal will consumers get when they need it” – Watts Up With That?

Guest essay by Eric Worrall

h / t Breitbart; According to Russia’s TASS news agency, China and Russia are negotiating a deal for 100 million tons of coal. This comes after the 40 million tonnes coal deal with India.

Russia and China reached an agreement to supply 100 million tons of coal – Ministry of Energy

February 18, 19:45

According to reports that consumer demand is

MOSCOW, February 18. /TASS/. Russia and China are working on an intergovernmental agreement on the supply of 100 million tons of coal, Head of the Department of Foreign Economic Cooperation and Fuel Market Development at the Russian Energy Ministry Sergey Mochalnikov announced on Friday.

Mochalnikov recalled that in October 2021, Russia and India signed a memorandum of understanding on the supply of 40 million tons of coal to India within the framework of Russian Energy Week. “Now, an intergovernmental agreement with the People’s Republic of China is being built and the figure is 100 million tonnes,” he said.

“In the coming years, consumers will get as much coal as they need,” Mochalnikov said.

As follows from Mochalnikov’s presentation, Russia’s coal share in the Asia-Pacific market in 2021 is 12%. At the same time, since 2010, this number has increased by 8 percentage points – from 4% to 12%).

Read more: https://tass.com/economy/1405789

China has a serious energy shortage in 2021, thanks to seen as a geopolitical game with Australian coal importsand Prime Minister Xi Jinping’s 2021 effort to power China’s economy with magicperhaps in an attempt to look good on the world stage during COP21.

With Industrialization is on the rise in Africawith China, India and other Asian powers engaged in a naval and military arms race, ramping up their military-industrial production in preparation for the upcoming military confrontation in the South China Sea, and Flooding in China in 2021 could cause long-term damage to coal production In some counties, global coal demand is likely to remain strong for the foreseeable future.