China announces coal export quota for 2006

Tuesday, 13 December 2005 14:05:27 (GMT+3)   |  
       

China announces coal export quota for 2006

China's National Development and Reform Commission indicated that the country's coal export quota for 2006 has been set at 80 million metric tons, unchanged from 2005. In line with the export regulations regarding coal, in China, only state-owned coal export enterprises that are authorized export management rights are allowed to apply for the coal export quota. In the first ten months of 2005, China exported 60.76 million tons of coal, down 15.2 percent against the figure recorded in the corresponding period of 2004. The country exported 87 million tons of coal in 2004. China's coal production is expected to reach 2.2 billion tons in 2006.

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