Vietnam's coal import fell 11.26% on the year to 2.99 million tonnes in January, tumbling 25.86% from December 2020, showed preliminary data from the Vietnam customs authority.
The value of imports amounted to $262 million in January, down 2.41% year on year and 8.11% month on month.
Australia was the top supplier for Vietnam in the month, with coal shipments at 1.61 million tonnes, increasing 13.94% from a year ago but falling 13.72% month on month.
Imports from Indonesia were 612,000 tonnes in January, slumping 45.7% from the year prior and 53.06% month on month.
Shipments from Russia fell 17.3% year on year but rose 6.22% on the month to 458,000 tonnes.
Vietnam's power generation reached 19.6 TWh in January 2021, up from 16.6 TWh a year ago, showed data from General Statistics Office of Vietnam. The office also estimated that the nation produce 3.53 million tonnes of coal in January, lower than 3.92 million tonnes in January 2020, but up from 3.42 million tonnes in December 2020.
Vietnam is forecast to carry out 15 coal-fired power generation projects during 2021-2026, with the total installed capacity up to 18 GW, according to a report issued by Institute for Energy Economics and Financial Analysis (IEEFA) last month.
(Writing by Rebecca Liu Editing by Harry Huo)
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