Domestic coal consumption up 17 per cent in June

Tuesday, Jun 16, 2015 08:00

HA NOI (Biz Hub) — The Viet Nam National Coal and Mineral Industries (Vinacomin) sold 3.2 million tonnes of coal in June, raising the six-month figure to 17.7 million tonnes.

In June, 100,000 tonnes were sold for export and the remaining were used for domestic consumption, Vinacomin Deputy General Director Nguyen Van Bien told the press in Ha Noi yesterday.

The January-June figure is equivalent to 49.2 per cent of the yearly target and 95.8 per cent of the same period of last year. Domestic sales rose 17 per cent over last year to 17 million tonnes, representing vastly different volumes for domestic consumption and export.

Bien said declining exports are a result of global oversupply, adding that Vinacomin will strive to keep total production for the year equal to 2014's numbers. — VNS


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