Russian coal producers faced problems with exports

The Ministry of Energy said that Russian coal producers faced problems in exporting Russian coal producers faced problems in exporting due to the refusal of EU insurers to work with them around the world.

This was announced by Deputy Energy Minister Sergei Mochalnikov, reports RBC.

According to the deputy head of the department, problems began to arise after the embargo on the purchase of Russian coal by European countries came into force on August 10.

“An explanation has been issued that prohibits European companies from insuring, reinsuring ships with Russian coal that move in any direction, not only to Europe — this seriously affects (exports) – approx. “”),” Mochalnikov stressed.

Earlier, Bloomberg reported that Russian coal supplies by sea were almost stopped due to the European Union sanctions that came into force, which, among other things, provided for a ban on financing and insurance of such supplies.