VaninoTransUgol coal terminal

From Global Energy Monitor

VaninoTransUgol coal terminal is located at Muchka Bay in Khabarovsk Territory, Russia.

Location

The map below shows the location of the coal terminal on Russia's east coast. The large Daltransugol coal terminal can be seen across the bay, directly to the south.

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Background

Construction on the VaninoTransUgol (VTU) coal terminal began in 2017.[1] In July 2020, the terminal shipped its first load of coal, destined for China. The terminal was expected to reach its first stage capacity of 12 million tonnes per annum (mtpa) later that year. Subsequently the VTU planned to increase capacity to 24 Mtpa by 2023.

The VTU coal terminal is part of the Kolmar Group of Companies and is designed primarily for transhipment of high-quality coking coal mined in South Yakutia at the Denisovskiy and Inaglinskiy mining and processing complexes, as well as other coal mining enterprises.[2] Construction of the 12 mtpa Stage 1 coal-handling facilities was completed in January 2021.[3]

Transhipment of coal reached 10.3 million tonnes in the first 10 months of 2022, achieving its design capacity.[4]

As of 2022, Phase 2 of the project was expected to become operational in 2025.[5] In early 2023, project completion was said to be delayed by 1-2 years (from the previous expectation of 2024) due to the change in equipment suppliers.[6]

Financing

The project's total cost was estimated at around 35 billion rubles (approximately US$525 million) in early 2019.[7] In November 2019, VEB.RF State Corporation, VTB Bank, and VaninoTransUgol signed a 34 billion ruble loan agreement to finance the construction of the coal terminal. VEB.RF planned to finance around a third of the total cost of construction.[8]

Project Details

  • Owner: VaninoTransUgol JSC
  • Parent: Kolmar
  • Location: Muchka Bay, Khabarovsk Territory, Russia
  • Coal Capacity: 12 Mtpa (Phase 1)
  • Status: Operating
  • Start Year: 2020
  • Type: Exports
  • Source of Coal: South Yakutia (including Denisovskiy and Inaglinskiy mining and processing complexes)
  • Project Cost: 34 billion rubles (approximately US$525 million)
  • Source of Financing: debt financing from VEB.RF State Corporation and VTB Bank

Project Expansion Details

  • Status: Construction
  • Coal Capacity: 12 Mtpa (Phase 2)
  • Start Year: 2025

Articles and Resources

Sources

  1. «ВаниноТрансУголь» планирует запустить угольный терминал в бухте Мучке в III квартале 2019 года, Port News, Feb. 22, 2018
  2. Первое судно с углем с терминала ВТУ в бухте Мучке ушло в Китай (видео), Port News, July 2, 2020
  3. https://portnews.ru/news/307252/, Port News, Jan. 11, 2021
  4. "Порт Ванино – пристань оптимизма". www.vtu27.ru. February 2023.{{cite web}}: CS1 maint: url-status (link)
  5. More ports for the Far East, Port News, August 10, 2022
  6. "Cтроительство нового терминала в Ванино может затянуться". www.eastrussia.ru. March 2023.{{cite web}}: CS1 maint: url-status (link)
  7. Одно Ванино на всех. Уголь, нефть, глина и вода: настоящее и будущее дальневосточного порта, Vgudok, Feb. 21, 2019
  8. ВЭБ.РФ и ВТБ профинансируют строительство перегрузочного комплекса в порту Ванино, Port News, Nov. 7, 2019

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External resources

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