Beijing and Moscow are discussing long-term contracts to jointly develop coal deposits in Russia, the country’s deputy prime minister said on Wednesday.
It comes as China is ramping up coal production to secure power supply for the winter months, as the country slowly recovers from its most severe energy crisis in decades – mainly caused by coal shortages.
Speaking after a meeting of the Russia-China intergovernmental commission for energy cooperation, Deputy Prime Minister Alexander Novak also said Russia supported a “further increase of coal supplies” to China.
“New long-term contracts will be considered in this regard, along with joint development of coal deposits in Russia, the Zashulanskoe coal deposit in the Trans-Baikal region in particular,” Novak said, according to a statement from the Russian government.
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