Venezuela and coal
{{#badges: CoalSwarm| Climate change}}In 2006 Venezuela produced approximately 7.4 million tonnes of bituminous coal, according to the U.S. Geological Survey.[1]
In a 2006 review of coal mining in Venezuela, the U.S. Geological Survey stated that "In 2007, Carbones Nueva N aricual C.A. planned to reopen the Naricual coal underground mine, which had been a producer in the 1980s. In 2006, Peabody Energy Corp. of the United States acquired Excel Coal L td. of Australia and its 51% interest in Excelven S.A., which owned 96.7% equity interest in Cosila Complejo Siderurgico Del Lago S.A. A joint venture headed by Alpha Natural Resources, Inc. of the United States held 24.5% interest in Excelven. Cosila owned Las Carmelitas coal project in the State of Z ulia and coal export facilities in the Port of Palmarejo. In 2004, the Government had expressed interest in developing a coal-powered electricity-generating plant to supplement the national electricity supply, much of which was generated by hydroelectric plants."[2]
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Coal production
The U.S. Geological Survey listed the sole operating coal mine in 2006 as being the CoalCarbones del Guasare, S.A operation. The joint venture partners were listed as being Carbozulia S.A. with a 49% stake and Peabody Energy and Anglo Coal with a 25.5% stake each. The mine is located near Paso Diablo in Zulia State in the Guasare coal basin and has a rated production capacity of 8 million tonnes a year.[3]
Articles and resources
Related SourceWatch articles
References
- ↑ U.S. Geological Survey, "Venezuela - 2006", 2006 Minerals Yearbook, page 5.
- ↑ U.S. Geological Survey, "Venezuela - 2006", 2006 Minerals Yearbook, page 3.
- ↑ U.S. Geological Survey, "Venezuela - 2006", 2006 Minerals Yearbook, page 6.
