中文
Vietnam's coal imports are expected to increase significantly, especially from the power sector, as domestic demand continues to rise, the Ministry of Industry and Trade (MoIT) said in a draft strategy for the coal sector.
Vietnam's annual coal imports are expected to peak at 50-83 million tonnes in 2025-2035, before gradually declining to 32-35 million tonnes in 2045, according to the draft strategy released on August 15.
It imported 36.4 million tonnes of coal in 2021, the country's customs data showed.
Vietnam's domestic coal consumption experienced rapid growth during 2011-2015, increasing from 27.8 million tonnes in 2011 to 38.77 million tonnes in 2015, a nearly 40% rise.
Driven by demand from the power sector, Vietnam's coal consumption has nearly doubled in 2021 compared to 10 years ago. In 2021, Vietnam's coal consumption reached 53.52 million tonnes.
With the continuous increase in power demand, Vietnam's coal demand is expected to reach 94-97 million tonnes. By 2030-2035, Vietnam's coal demand is expected to peak at 125-127 million tonnes.
The ministry said Vietnam's energy demand will whittle down after 2040 with the energy transition as well as emission reduction targets. By 2045, Vietnam's coal demand is expected to fall to 73-76 million tonnes per year.
At the same time, the Vietnamese government is encouraging the development of coal's non-energy uses such as production of nitrogen fertilizer and chemicals.
By 2030, Vietnam's domestic coal production is expected to reach 47 million tonnes, with about 85-90% to be supplied to the power sector as a priority to ensure Vietnam's energy security.
(Writing by Alex Guo Editing by Harry Huo)
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