© Kirill Kuhmar/TASS

KEMEROVO, August, 27. /TASS/. President Vladimir Putin announced Russia’s plans to expand its presence on the world coal market.

“Last year, domestic companies exported more than 190 mln tonnes of coal. According to this indicator, our country confidently ranks third in the world,” the president said at a meeting of the commission on the strategy for the development of the fuel and energy complex and environmental safety.

Putin said he is confident that the current situation provides an opportunity to expand the country’s presence in the global coal market – “to strengthen its positions and increase our share.”

Putin has also urged domestic fuel and energy companies to enter new markets, as well as to diversify supplies.

“Russian energy companies maintain stable positions on foreign markets. For example, the volume of natural gas exports broke the record high for two consecutive years,” the head of state said at a meeting of the Commission on the Strategy for the Development of the Fuel and Energy Complex and environmental safety.

He called on developing the export potential of the national energy sector.

“Over the past few years, competition in the global energy market has noticeably aggravated, so it is extremely important to effectively use our competitive advantages, diversify supply routes, enter and consolidate positions on new markets,” Putin said.

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