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Taiwan Says It Has Made Final Payment For Russian Coal

Taipower spokesperson Wu Chin-chung said no more business would be done with Russia due to its war in Ukraine. It will get coal from several other countries instead.

Taiwan's power utility says it has paid for its last load of coal from Russia.
This image shows operations at Razrez Inskoy coal mine near the town of Gramoteino in the Kemerovo region of Russia. Photo: Reuters.


Taiwan’s state-owned electric power firm said on Wednesday it has made its final payment for Russian coal and will not enter future deals with Russia.

Taipower spokesperson Wu Chin-chung said the company had agreed to buy 1.16 million tonnes of coal this year from Russia for $280 million, adding that no more business would be done due to the war in Ukraine.

Taiwan has joined in Western-led sanctions against Russia for its invasion of Ukraine, keen to show it is a responsible member of the international community, and the government has condemned Russia for its actions.

The final payment of $150 million was made this month and no further coal would be bought from Russia, with coal coming instead from Indonesia, Australia, Colombia and South Africa, Wu said.


  • Reuters, with additional editing from Alfie Habershon




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Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.


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