We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Monday, 19 April 10
IS CHINA TO SUFFER NEW COAL SUPPLY SHORTAGE IN 2010? - XINHUA
 Is China likely to suffer a new coal supply shortage in 2010? It's a question haunting many Chinese market analysts now. After a string of several coalmine accidents in the past month, China has launched a nationwide check on coalmine safety. Meanwhile, severe drought in southwest China has directly led to a jump in thermal power demand. Theses have aroused a market concern on a possible coal supply shortage in China in 2010.
Henan province, a major coal production base in China, has stated the coal consolidations, and how many small coalmines will be shut down has become a crucial factor determining whether China will suffer a new coal supply shortage in 2010.
-- Safety check to postpone production resumption of small coalmines in Shanxi
Shanxi province has decided to launch a three-month safety check on an internal conference on March 31 in a wake of consecutive coal accidents in March, Official with Shanxi Coal Industry Office said that the safety check in Shanxi province would mainly focus on the legality and safety system of coalmines under construction.
Following that, the State Administration of Work Safety and the State Administration of Coal Mine Safety jointly made an emergency notice on extending the safety check from Shanxi province to nationwide.
Huang Yi, vice director of the State Administration of Work Safety estimated that the check would involve more than 7000 coalmines and 1.5-billion coal production capacity.
The official with Shanxi Coal Industry Office noted that the safety check would postpone the operation of newly built large coalmines and the production resumption of the small coalmines after the coal consolidation in the second largest coal producing province in China, but would not trigger an extensive suspension of production as in 2008, said the official.
Small coalmines in Shanxi were asked to suspend production in all-round way for rectification in 2008 due to a string of coalmine accidents, and before resuming production, they were acquired and merged by large coalmines compulsorily in accordance with Shanxi?s coal consolidation plan launched at the beginning 2009.
Senior manager with sales branch of Shanxi Coking Coal Group said that about 70-million-tonne coal production capacity of small coalmines, which have been acquired by Shanxi Coking Coal Group which produced 80.79 million tonnes of coal in 2009, is scheduled to be released at the end of 2010. But the production resumption is likely to be further postponed on current circumstance.
The senior manager predicted that coal enterprises would not blindly raise coal output and therefore the expected output growth may lower.
According analyst Liu Fei with Guodu Securities, there are about 400 million tonnes/year of coal production capacity under construction in Shanxi province.
In the first two month of 2010, nearly 10 million tonnes of newly added coal output capacity has gone into operation, but the recent coal accidents would delay the operation of other newly added output capacity.
The State Council has claimed that the safety check would involve all sectors in China. The Ministry of Railways has initiated a two-month safety check since Apr. 5, and Datong-Qinhuangdao Railway, a key coal transportation channel, has also entered a one-month maintenance, which is enormously affecting the coal supply.
Although the safety check will affect the coal output in Shanxi in short term, the province still seems quite confident in fulfilling its target of producing 670-700 million tonnes of coal in 2010 and has shown no intention to revise the target.
In 2009, coal output in Shanxi province amounted to about 620 million tonnes on shutdown of small coalmines, down 30 million tonnes on year. However, the coal consolidations in Shanxi has come to an end, which would great enhance Shanxi's output capacity, and a large amount of newly formed production capacity would enter into operation this year in spite of the three-month safety check. Therefore, coal supply from Shanxi province would remain stable or even rise in 2010.
-- Southwest drought calls for greater thermal power demand
In March, power supply shortage in Yunnan, Guizhou and Guangxi provinces exceeded 5 million kilowatts, which would have to be fed by thermal power generation.
The lasting severe drought in southwest China since the Chinese Lunar New Year in February has led to a dramatic decline in hydropower generation, which only took up 12 percent of national power supply in the first two months of 2010, down 9 percentage points on year.
Many southern China provinces with hydraulic power as main power source are facing electricity supply shortage.
According to Guizhou provincial government, Guizhou province has an electricity shortage of 3 million kilowatt hours. Water storage of reservoir in Guizhou has declined to the bottom level in history, down by 30 percent on year, which decreased the daily hydropower generation from 90 million kilowatt hours to 60 million kilowatt hours.
The situation in Yunnan province is even worse, with the electricity shortage topping 4 billion kilowatt hours. Since water resource plunged by 30-40 percent on year, less than 30 percent of total installed capacity of major hydropower stations is operational. Affected by the electricity shortage, upstream sectors like ferrous metals industry in Yunnan and Guangxi have fully or partly suspended production.
About 17.6 percent industrial enterprises in Yunnan province have been severely affected.
GF Securities forecast that the power supply shortage may push up the demand for power coal by at least 4-5 percent for the whole year of 2010.
According to statistics released by China Electricity Council (CEC) in February, power coal consumption stood at 1.56 billion tonnes in 2009, and CEC predicted that China's power coal demand would remain high in 2010 at about 1.66 billion tonnes
Chen Liang, analyst with GF Securities holds China may face a new coal supply shortage in 2010 on similar condition in 2008.
But some other experts are not as pessimistic as Chen Liang, and they believe overall coal supply would keep balance in 2010 despite of regional tight supply in the peak seasons in summer and winter. Now Henan province, one of China?s major coal production bases, becomes the biggest variable affecting the balance between coal supply and demand in China.
-- Small coalmine M&A in Henan to affect national coal supply in 2010
Henan Province announced a plan on coal enterprises merger, acquisition and reorganization in March. According to a document issued by the provincial government, major coal enterprises are expected to hold over 85 percent of total coal resources in the province at the end of 2010, but it remain unclear that how many small coalmines will be shut down.
Henan planned to control its coal output at 150 million tonnes in 2010, down 80 million tonnes from 230 million tonnes in 2009.
Under such a circumstance of tight balance, a reduction of 80 million tonnes in coal output would give a heavy blow to the marketm said Chen Liang, the GF Securities analyst.
However, market observers generally doubted about the production reduction target and they hoped that the target is a upper limit.
Chen Dangyi, vice director with Department of Industry and Information Technology of Henan province, said that although the Henan has carried out guiding opinion on the coal consolidation, but detailed plan is still being formulated. It's unpredictable how much Henan's coal output would be affected by the coal consolidation.
Small coalmines, which account for nearly one third of national coal output, are blamed for about 70 percent coal accidents in China. Therefore, China will have to make greater effort in consolidating small coalmine in a bid to reduce accidents.
Source: Xinhua
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
|
|
|
Showing 6071 to 6075 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- The Treasury - Australian Government
- Energy Link Ltd, New Zealand
- Siam City Cement PLC, Thailand
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Interocean Group of Companies - India
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Economic Council, Georgia
- Marubeni Corporation - India
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Indonesian Coal Mining Association
- PowerSource Philippines DevCo
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Heidelberg Cement - Germany
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- Aditya Birla Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parliament of New Zealand
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Eastern Coal Council - USA
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Kaltim Prima Coal - Indonesia
- Eastern Energy - Thailand
- Riau Bara Harum - Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Georgia Ports Authority, United States
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- The University of Queensland
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- Toyota Tsusho Corporation, Japan
- PetroVietnam Power Coal Import and Supply Company
- Kohat Cement Company Ltd. - Pakistan
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Kepco SPC Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- Vedanta Resources Plc - India
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Indika Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Medco Energi Mining Internasional
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Metalloyd Limited - United Kingdom
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
|
| |
| |
|
