Ban to apply to all forms of coal Amounts to Eur8 bil/year loss in revenue for Russia EU imports around 50 mil mt/year of Russian coal: Euracoal The European Council has agreed to adopt the fifth package of sanctions against Russia, including banning imports of coal, the European Commission announced April 8. Receive daily email alerts, subscriber notes & personalize your experience. Register Now The coal ban is one of six elements of the sanctions package and will apply to all forms of Russian coal, namely metallurgical and thermal coal. The EC said the ban would affect a fourth of all Russian coal exports and amount to around Eur8 billion ($8.7 billion)/year loss of revenue for Russia. “The EU imports around 50 million mt/year of Russian coal, mainly good quality steam coal for power generation, but also some coking coal and anthracite,” Euracoal Secretary-General Brian Ricketts told S&P […]