North Asia Moves to Curb Russian Coal Imports After EU Ban
- Japan considers cutting Russian coal in shift of position
- Utilities in Japan, Korea begin to reduce Russia exposure
Stockpiled coal at the Onahama port in Iwaki, Japan.
Photographer: Tomohiro Ohsumi/Bloomberg
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Policymakers and companies in Japan and South Korea are making moves to curb Russian coal imports, adding to pressure on Moscow after the European Union imposed a ban on its fuel.
Japan “will aim to stop importing coal from Russia” as a longer-term goal and will over time use energy conservation, other power generation and alternative country supply to reduce its dependency on Russia, Trade Minister Koichi Hagiuda said on Friday.