Soviet Coal Exports

Svjetlana Adler and Harriet Matejka

Chapter 5 in The Soviet Impact on Commodity Markets, 1984, pp 100-115 from Palgrave Macmillan

Abstract: Abstract In the early 1970s oil, which was transported over long distances, and coal, which was locally mined, were the two chief sources of primary energy in the industrial countries. Since the end of 1973, however, the price of petroleum has increased six times and other sources of energy have been substituted for oil. As a result, the pattern of consumption in the industrial countries has become more evenly distributed among five sources of primary energy: coal, oil, gas, nuclear power and renewable energy, of which hydro-power is the most important. Simultaneously, attention has been focused on coal reserves located far from the industrial centres which, because of the price rise, can now be profitably developed despite the transport costs involved. A substantial and, perhaps, major part of these is to be found in the Soviet Union.

Keywords: Solid Fuel; Coal Basin; Commodity Market; Coal Production; Hard Coal (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06513-4_6

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DOI: 10.1007/978-1-349-06513-4_6

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