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Poland imports more coal to make up for lower output from miner PGG

Coal News - Published on Fri, 22 Dec 2017

Image Source: ET
Reuters reported that Poland has imported more coal as output from the country's biggest miner PGG is expected to be lower than expected at 30 million tonnes in 2017.

PGG Chief Executive Tomasz Rogala told a news conference that PGG, which accounts for about half of the amount of thermal coal produced in Poland, would miss its original 2017 output target of 32 million tonnes for "technical reasons.” Without giving details of the technical issues, he told reporters that this year's output was expected to be "slightly above 30 million tonnes."

Poland has started importing coal from the United States to honour contracts with domestic and overseas buyers as state-controlled PGG has struggled to meet demand from major clients.

Deputy Energy Minister Grzegorz Tobiszowski told the news conference that "The coal imports have increased, especially this quarter. But we will know the details in the coming weeks.”

PGG almost collapsed in 2016, but was bailed out by state-run utilities and a gas firm, which became its shareholders.

Source :

Posted By : Nanda Koijam on Fri, 22 Dec 2017
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