The European Union has eased sanctions on Russian coal, Russia’s main energy resource, after a European ban on those supplies was imposed earlier this year.
The European Union announced the easing of sanctions imposed on Russian coal, allowing supplies to be transferred to other countries around the world, according to Russia Today.
The European Commission has said that the transport of goods, including coal, should be allowed in order to combat food and energy insecurity around the world.
Commenting on the decision, the Russian newspaper “Izvestia” said: Although the relevant European Commission document indicates only permission to transport coal, most likely the Europeans will facilitate access to the resource for their companies.
The newspaper added that this step is expected given the high prices of all types of fuel, and the restart of coal-fired thermal power plants in Europe, which has led to a high demand for coal.
The Russian newspaper stressed that it is very difficult to completely replace Russian coal due to its high calorific value and ease of shipment from Russia.
Western countries had imposed sanctions on Russia, after it launched the military operation in Ukraine, and the sanctions affected various economic sectors, companies and individuals, in addition to coal exports.
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