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According to some reports, coal exports from South Africa to Europe rose eight-fold during the first six months of 2022 compared to last year as demand for the fossil fuel surged on account of the ban on Russian coal
According to some reports, coal exports from South Africa to Europe rose eight-fold during the first six months of 2022 compared to last year as demand for fossil fuels surged on account of the ban on Russian coal.
The European Union banned Russian coal imports in response to the invasion of Ukraine in April. The ban fully took place from 10 August as a part of the wide-ranging sanctions. European countries previously imported 45% of their coal from Russia. Since the announcement of the ban, they have been switching away from expensive natural gas to coal. They started to source fossil fuels from other countries, such as Colombia, Australia, the United States, and also South Africa.
The Netherlands, Germany, Poland, Denmark, France, Italy, and Ukraine are among European countries importing growing quantities of coal from South Africa. In the first five months of this year, European countries imported more than 3 million tonnes of coal from South Africa. This is over 40% more than the total volume in 2021.
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According to South Africa’s Richards Bay Coal Terminal (RBCT), the country delivered 3,240,752 tonnes of coal to European countries by end-May this year, 15% of RBCT’s overall exports, up from 2,321,190 tonnes (4%) in 2021.