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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilize prices, the nation’s top economic planner said.
The province will complete the construction of four to six coal stockpile bases within the next three to five years, the National Development and Reform Commission said in a statement on its Web site today. The bases will each have a capacity to store more than 20 million metric tons of coal.
Shandong’s annual coal shortage may rise to more than 190 million tons next year, according to the commission. Coal prices at China’s Qinhuangdao port, a domestic benchmark, soared to a record in July last year and since then have almost halved as the global recession reduced energy demand.
"The province needs to build coal stockpiles and transit bases urgently to cope with potential energy supply disruptions,” the commission said. "Coal resources will become tighter in the long term, and it will be harder to secure resources from the outside market.”
Shandong, the nation’s second-most populous province, produced 135 million tons of coal last year, while provincial demand was 270 million tons, the commission said. By next year, coal consumption may rise to 311 million tons and output may be less than 150 million tons, the economic planner said. China produced 2.6 billion tons of coal in 2008.
Coal Imports
The bases will be stocked with coal from local mines and possibly imports from countries including North Korea, Indonesia and Vietnam, the commission said, without elaborating.
"Shandong needs more coal from the outside market compared with other provinces, so it’s necessary for them to build some stockpiles,” Wang Shuai, a mining analyst at Orient Securities Co., said by telephone in Shanghai. “On a national level, it may not be that urgent to build coal stockpiles now as China is self-sufficient.”
The four bases will be located in Longkou, Laiwu, Zhucheng and Qihe in the first phase and two more will be built in Rizhao and Heze “when the time is ripe,” the commission said.
The base in Longkou city will start operations in October and will eventually have a capacity of 50 million tons, the commission said.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ashxl8kfqenM
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Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
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- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Grasim Industreis Ltd - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Thiess Contractors Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Merrill Lynch Commodities Europe
- Australian Coal Association
- Goldman Sachs - Singapore
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Ministry of Finance - Indonesia
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Sinarmas Energy and Mining - Indonesia
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Heidelberg Cement - Germany
- Mercuria Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- The State Trading Corporation of India Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Kohat Cement Company Ltd. - Pakistan
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- Central Java Power - Indonesia
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- GAC Shipping (India) Pvt Ltd
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Chamber of Mines of South Africa
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- Uttam Galva Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- White Energy Company Limited
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Parliament of New Zealand
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Leighton Contractors Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Minerals Council of Australia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Thai Mozambique Logistica
- MS Steel International - UAE
- GMR Energy Limited - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- PowerSource Philippines DevCo
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- Planning Commission, India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- GN Power Mariveles Coal Plant, Philippines
- International Coal Ventures Pvt Ltd - India
- The University of Queensland
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- Kaltim Prima Coal - Indonesia
- Medco Energi Mining Internasional
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
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