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Astana, Kazakhstan • 22 January 2024

Kazakhstan Boosts Coal Exports by 6.5 Times

This surge has resulted from the EU's growing demand for solid fuels

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Freepik/maniacvector
Freepik/maniacvector

The National Bureau of Statistics has reported a 6.5-fold increase in hard coal and brown coal exports to foreign countries, totaling $1.3 million or 8.5 million tons. This surge is attributed to the growing demand for solid fuel from the European Union, QazMonitor reports citing the Ministry of Industry and Construction.

Currently, the government is implementing the Concept for the Development of the Fuel and Energy Sector for 2023-2029. The goal is to sustain an annual uptick in coal production, meeting the requirements of energy-producing and industrial enterprises, budgetary institutions, and the population in coal products. Additionally, there is a plan to gradually transition to coal fuel chemistry and boost the export potential of domestic coal.

For this purpose, the Bogatyr coal mine is set to adopt cycle-flow technology in its production cycle, anticipating an increase in coal production from 42 to 50 million tons. Overall, the share of exports in the total volume of extracted coal is in the range of 26-28%.

"According to the National Bureau of Statistics of Kazakhstan, exports of hard coal and brown coal to far-abroad countries [QM — non-CIS countries] increased by 6.5 times—reaching $1.3 million, or 8.5 million tons. This surge is primarily linked to the growing demand for Kazakh coal from the European Union," shared the Ministry.

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