Pakistan Non-Coking Coal imports have witnessed downfall of 41% M-o-M in Apr’17. The country has imported 0.93 MnT Non-coking coal in May’17 against 1.59 MnT imported during Apr’17, according to the data compiled by CoalMint Research.
Coal Demand in Pakistan:
The Ministry of Petroleum and Natural Resources has stated that Pakistan is producing 3.5 MnT coal and importing 4-5 MnT coal every year to meet needs of different sectors like steel, cement and power generation.
In a bid to produce cheap electricity, the government is designing a plan aimed at slapping a ban on the consumption of furnace oil and high-speed diesel in electricity production and permitting only coal and imported gas as fuel.
Moreover, the government has decided to lift the ban on setting up new power plants based on imported fuel in an attempt to resume and step up work on an abandoned imported coal-fired project planned under the China-Pakistan Economic Corridor (CPEC) in order to meet energy demands in the country.
So far, the country has imported 3.35 MnT Non-Coking Coal during Jan’17-May’17.
Major Non-Coking Coal Exporters in May’17:
During the month, Pakistan received Non-Coking Coal shipments from South Africa, Indonesia and Mozambique.
South Africa, the major coal exporter to Pakistan, recorded a downfall of 26% in their monthly exports. South Africa exported 0.80 MnT Non-Coking Coal during Apr’17.
Coal exports from Indonesia fell by 75% M-o-M to 0.08 MnT in May’17.
Coal exports from Mozambique have also decreased on the monthly basis. Mozambique exported 0.05 MnT Non-coking coal in May’17, down by 30% M-o-M compared with 0.07 MnT in Apr’17.
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