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Turkey imposes US$15/t tax on coal imports for power

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Report summary

Turkey has imposed a US$15/t duty on thermal coal imports for use in its power sector. The tax is to be paid by power producers and is levied on a GAR basis for imported coal. EU suppliers are exempt from the tax but Turkey's key suppliers are not Colombia Russia South Africa and the US. The law is an attempt to curb imports and deliver a stronger contribution from Turkey's domestic market however given weak alternatives (poor domestic supply more costly gas) we do not see an immediate impact.

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    Turkey imposes US$15t tax on coal imports.pdf

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This report includes 2 images and tables including:

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  • Monthly thermal coal imports (Mt/month)
  • Turkish hard coal capacity additions (MW)

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