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Amid surging gas prices, many countries in Europe and beyond turned to the dirty fuel in an attempt to keep a lid on prices. But the increased demand for the dirty fuel triggered a massive rise in global coal prices, which in turn was boon to illegal transport of the commodity in South Africa. Recently, train operator Transnet issued a warning about the rise in so-called "ghost trains", or unchartered, off-timetable shipment of coal to the port of Richard's Bay. Listen to a discussion of the phenomenon and potentially how much of the fuel has found its way to Europe. Host: Richard Sverrisson, Editor-in-Chief, Montel
Guest: Laurence Walker, Gas and Coal Editor, Montel |
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