The Ministry for Energy has made a proposal to link rail tariffs for coal transportation to the price of coal. According to Kommersant, neither representatives of the coal industry, nor Russian Railways (RZD) know how the tariffs could be calculated.
There remains much uncertainty as to how, technically, such an innovation could be introduced into the tariffs system. This idea is so far just a proposal voiced during a meeting with Prime Minister Dmitry Medvedev and it is uncertain that it will be followed up on.
Elena Sakhnova, Olga Doronina
VTB Capital analyst
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