Russia, with plans to quadruple its coal output levels by 2030, will begin building a new coal export terminal on its Pacific coast to increase its exports to Asia Pacific nations. The increased output will be supported by the new US$545-million coal export facility, which will be located in Russia’s Primorye Territory, according to Itar-Tass. The facility will be called the Sever (north) terminal, and will be built at Cape Petrovsky, near the existing port of Vostochny in Nakhodka, with construction slated to start in the spring of this year.
Focused solely on the Asia-Pacific region, it will move around 18.115 million tonnes of coal annually, with an initial ramp up allowing it to move around 6 million tonnes within three years. This new coal terminal is the second planned for the region, with construction already under way of a coal port at Sukhodol Bay, which will also ship 18 million tonnes annually to the Asia-Pacific region.