An aerial view reveals coal at a dry bulk terminal of German Rheinberg-Orsoy harbor alongside Europe’s most essential delivery means Rhine in Rheinberg close to Duisburg, Germany, April 6, 2022. Picture taken with a drone. REUTERS/Stephane Nitschke/Files
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BERLIN, May 10 (Reuters) – Germany is transferring away from its plan to ascertain a strategic national coal reserve, sources from the federal government and trade informed Reuters on Tuesday.
The plan is no longer a priority for the Economy Ministry following a gathering to sound out utilities on the matter, they mentioned. The authentic proposal was to have reserves for up to 90 days, in response to authorities sources.
The sources pointed to indications that Germany, the European Union’s largest coal importer, would have sufficient coal obtainable to it on the world market even after an EU boycott of imports from Russia was put in place.
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Reporting by Markus Wacket, Writing by Rachel More
Editing by Madeline Chambers
Our Standards: The Thomson Reuters Trust Principles.
EXCLUSIVE – Setting up national coal reserve no longer priority for Germany – sources & More Latest News Update
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