South Korea asks state gencos to cut import of Russian coal: sources
September 12, 2023 Comments Off
South Korea’s federal government has asked its state-owned power generating companies, or gencos, to curtail coal imports from Russia, mainly through spot market deals, several sources told S&P Global Commodity Insights. The development, which was an outcome of a recent meeting between government officials and power companies, may limit Russian fuel intake and in turn create higher spot demand for…
South Korea asks state gencos to cut import of Russian coal: sources
South Korea’s federal government has asked its state-owned power generating companies, or gencos, to curtail coal imports from Russia, mainly through spot market deals, several sources told S&P Global Commodity Insights. The development, which was an outcome of a recent meeting between government officials and power companies, may limit Russian fuel intake and in turn create higher spot demand for…
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