A start is to be made on building a new coal terminal in Sukhodol Bay, in Russia, in the third quarter of this year. An initial phase, capable of handling 6 million tonnes, will become operational in July 2017. Two subsequent phases will be implemented in 2019-2021. Total finance of $509 million will be required.
The new facility will be used to export Russian coal to the Asia-Pacific market and also help to overcome the existing shortage of export coal capacity in Russian ports in general.