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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
 COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest growth in the world, according BP statistical review 2011 that release today. For 60 years, the BP Statistical Review of World Energy has provided high - quality, objective and globally consistent data on world energy markets.
Indonesia market share to global coal production was 5%. The biggest market share of global coal production still China which accounted 48.3% and USA 14.8%.
The BP's statistics further said, china was produced 1800.4 million tonnes of coal in 2010 and USA 552.2 million tonnes. New Zealand accounted as country which the second fastest growth of coal production (16.8%) to 3.3 million tonnes.
North America region coal production in 2010 only grew 2.3% to 591.6 million tonnes. South and Central America grew 2.6%, Europe and Eurasia 2.1%, Africa 1.3%, Asia Pacific 8.4%, and total world grew was 6.3%.
According to Bob Dudley, BP's chief executive, the world's coal consumption grew by 7.6% in 2010, the fastest global growth since 2003. Coal now accounts for 29.6% of global energy consumption, up from 25.6% ten years ago.
Chinese consumption grew by 10.1%. China last year consumed 48.2% of the world’s coal and accounted for nearly two-thirds of global consumption growth. India consumption grew 10.8% to 277.6 million tonnes oil equivalent. Meanwhile, Indonesia and Japan consumption also grew 13.7% to 39.4 million tonnes and 123.7 million tones. But consumption growth was robust elsewhere as well.
OECD consumption grew by 5.2%, the strongest growth since 1979, with strong growth in all regions. Global coal production grew by 6.3%, with China (+9%) agaian accounting for two-thirds of global growth. Elsewhere, coal production grew robustly in the US and Asia but fell in the EU, helping to explain the relative strength of coal prices in Europe.
Dated Brent averaged $ 79.50 per barrel in 2010 ,an increase of 29% from the 2009 but still nearly $18 per barrel below the 2008 record level. Other bench mark crudes registered similar increases.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
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- Global Coal Blending Company Limited - Australia
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- PowerSource Philippines DevCo
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Ministry of Transport, Egypt
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Intertek Mineral Services - Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Port Waratah Coal Services - Australia
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- MS Steel International - UAE
- Thai Mozambique Logistica
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Bhatia International Limited - India
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Agrawal Coal Company - India
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Deloitte Consulting - India
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Videocon Industries ltd - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Star Paper Mills Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Indian Energy Exchange, India
- PTC India Limited - India
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Bukit Baiduri Energy - Indonesia
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
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