Vietnam Chairs ASEAN Coal Council Meeting in Quang Ninh

12:04:42 AM | 20/8/2008

Vietnam on August 18 chaired an Asean coal council’s meeting in the northern province of Quang Ninh, the sixth of its kind with participation of officials from 10 member-countries to discus coal development strategies of each country, Vietnamese state media said.
The meeting focused on five strategic coal targets from institution, policies, clean coal issues, investment for high tech and environment protection, the Labor newspaper said.
The Vietnam National Coal-Mineral Industries Group (Vinacomin) presented Vietnam’s coal development programs toward 2015 with the focus on applying hydraulic technology for coal exploitation at depth of minus 300 meters to improve the coal production output to meet the country’s rising demand, the paper said.
The Ministry of Industry and Trade said this year it will cut coal export by 5 million tons as compared with last year’s figure of 32.5 million tons to serve the increasing domestic demand.
Vietnam will also cut a third of its coal exports to China, state media said.
In the first seven months this year, Vietnam shipped 14.47 million tons of coal, down 22.7 per cent on year.
Vietnam is targeting to produce between 48 million and 50 million tons of clean coal by 2010 under Vietnam’s coal industry development strategy until 2015, a vision to 2025 approved by the prime minister recently.
The strategy also said the output will reach 60 million-65 million tons in 2015, 70 million-75 million in 2020 and 80 million tons in 2025. (Labor Online)