KONTAN.CO.ID - Kremlin spokesperson Dmitry Peskov said on Friday that coal was in high demand. Russian coal earmarked for Europe would be redirected to other markets if the EU refused it.
The European Union on Friday formally adopted its fifth package of sanctions against Russia since Moscow sent troops into Ukraine. Including bans on the import of coal, wood, chemicals and other products.
"Coal is still a highly sought-after commodity. As consumption in Europe is abandoned, here there is a certain grace period, coal flows will be redirected to alternative markets," Peskov said.