Ensuring Russia's energy independence with 100 years of coal reserves
Eviralnews,, citing Tass news agency, Alexander Kozlov, the Minister of Natural Resources and Environment of Russia, announced in a statement that the country has enough coal reserves for more than 100 years, which guarantees energy independence.
The Ministry of Natural Resources and Environment of Russia quoted him as writing: Considering the current rate of production, which was approximately 392 million tons in 2023, and considering the potential increase in extraction capacity, Russia has (enough) coal reserves for 100 years.
Kozlov further stated that Russia's commercial coal reserves are located in 22 coal basins and are approximately 273 billion tons, of which 46.4 billion tons of coal are currently mined.
Kozlov also said that to date, 618 coal mining permits are in operation, including 482 for coal exploration and production, 93 for geological survey, exploration and mining, and 40 for geological study of underground resources, which includes prospecting. and evaluation of coal fields.
The minister emphasized that Russia has enough coal reserves for any scenario that leads to the development of the country's economy.
He added: However, the geology and exploration of coal fields is ongoing and mainly the capital of these projects is provided by private sector investors.
In 2022-2023 alone, companies have earmarked more than 4.3 billion rubles ($47 million) for exploration, including lignite, hard coal and anthracite, Russia's natural resources and environment minister said. Approximately 277 million rubles ($3 million) were allocated from the federal budget during the reporting period for hard coal.
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