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VEB & VTB Funding Coal Terminal Project at Vanino port in Russia's Far East

Coal News - Published on Fri, 08 Nov 2019

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Russian state development bank VEB and VTB bank would provide financing worth RUB 34 billion (USD 532 million) for the construction of a coal loading terminal in Vanino port in Russia's Far East. The terminal's initial capacity is expected to be 12 million tonnes of coal per year, while loading operations were scheduled to begin in 2020.

Its total annual capacity is seen rising to 24 million tonnes.

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Posted By : Rabi Wangkhem on Fri, 08 Nov 2019
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