Vietnam’s Feb Coal Imports Soar More Than Three Times To 1.16 Mil Mt, Hellenic Shipping News, 15 March 2016.

An edited extract of the original article is reproduced below.

Vietnam raised its coal imports to 1.16 million mt in February, more than three times from 340,073 mt a year earlier as several coal-fired power plants were put into operation in 2015, according to data from Vietnam Customs.

The Southeast Asian nation, traditionally a coal exporter, has turned to imports to meet rising domestic demand, particularly from the power sector.

State-owned Vietnam Electricity, or EVN, added more than 3,400 MW of capacity from new coal-fired power plants in 2015. These power plants consume nearly 10 million mt/year of coal, EVN data showed.

Australia became the largest supplier of coal to Vietnam in February with 563,348 mt, surging 538.8% year on year…

In the first two months of this year, Vietnam imported 2.4 million mt of coal, up almost a whopping 300% year on year, mainly from Australia at 904,211 mt, up 357.9% year on year…

 

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