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Q1 2011 coal production 12.5% up

13 april 2011, 12:07
0
RIA Novosti©
RIA Novosti©
Coal production output in Kazakhstan in the Q1 2011 grew 12.5% as compared to the like period of 2010, Novosti Kazakhstan reports, citing the State Agency for Statistics.

According to the Agency, coal production in the Q1 2011 stood at 30 874 000 tons. Overall 2010 coal production output totaled 103.5 million tons.

Kazakhstan is ranked 8th in terms of coal reserves. It holds 4% of global coal reserves. Coal accounts for almost 80% of the electric power generated in Kazakhstan.

Earlier it was reported that Kazakhstan plans to increase coal production output to 134 million tons by 2015, raising the figure further to 151 million tons by 2020.

Investments to develop the coal industry to 2020 will make up $ 3.4 million.

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