Page 14 - RusRPTJan23

Russia is one of the world’s top three coal exporters, though the business makes up only a small part of the whole Russian energy complex.
Turkey is again playing an important role as a transit country for Russian exports. Turkey has also refused to participate in the oil price cap scheme that came into effect on December 5 and is giving passage to Russian ships passing through the Bosphorus straits. China is one of the main customers of Russian coal, on which it remains heavily reliant for fuel to fire its power stations.
Kpler calculated the increase based on shipments of coking and thermal coal from ports, as well as broker reports and its analytics network. The estimates don’t include Russia’s coal exports by rail, which are also significant.
The European ban on the import of Russian coal remains in place, forcing European power companies to import coal from as far away as Australia, another major coal producer. But European shipping companies have been allowed to ship coal to third countries since September. Sales of coal have soared during the energy crisis as countries seek cheaper alternative fuels to the volatile and increasingly expensive gas and LNG.
2.5 Russia’s Agrocomplex that belongs to the ex-Minister of Agriculture seizes 160,000 hectares of Ukrainian agricultural land
Russia’s Agrocomplex received 160,000 hectares of agricultural land in the occupied regions of Ukraine, the Wall Street Journal reported on December 5.
Agrocomplex belongs to the former Russian agricultural minister Alexander Tkachev and had a turnover of RUB57 billion ($1bn) in 2021).
14 RUSSIA Country Report January 2023 www.intellinews.com