Tag: pakistan thermal coal
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Pakistan’s thermal coal imports drop 34% in 2022 amid elevated global prices
Pakistan’s thermal coal imports plunged 34% y-o-y in 2022 to 10.4 million tonnes (mnt) compared to 15.6 mnt in CY21, CoalMint’s vessel data reveals. Elevated global coal prices in 2022 compelled Pakistani importers to look for substitutes like indigenous coal as well as coal from neighboring Afghanistan. Power crisis and surging fuel prices created higher-than-usual…