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Southeast Asian coal demand to grow at fastest rate in world

Energy-hungry Asia offsets slowing use in US and Europe, IEA says

Major coal consumers such as China, India and Indonesia also are key producers. The Asia-Pacific region produces 70% of the world's coal.    © Reuters

TOKYO -- Southeast Asian coal demand is forecast to rise 5% yearly through 2023 for the fastest growth rate worldwide, an International Energy Agency report published Tuesday says, as Asia makes up for declines in usage elsewhere.

Global coal demand appears likely to grow in 2018, though the IEA report predicts this demand will remain stable over the next five years.

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