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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 $18 per barrel below the 2008 record level. Other bench mark crudes registered similar increases.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Friday, 05 August 11
THE WORLDS LARGEST COAL MINER TO INVEST IN INDO MINES
COALspot.com - Golden Energy Mines (GEMS) might go for initial public offering (IPO) by the end of September 2011. The company is planning to off lo ...
Friday, 05 August 11
DRY BULK MARKET FINALLY TAKES A BREATHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market at last caught a break mid-week after a constant fall which saw the industry’s benchmark, the BDI (Baltic Dry Index) falli ...
Thursday, 04 August 11
THE HBA CONTINUES TO FALL IN AUGUST
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the August 2011 coal reference price at US$ 117.21 per ton slightly low ...
Wednesday, 03 August 11
DEWA RETURNS TO US$2.65 MIO NET PROFIT - INSIDER STORIES
Coal mining contractor PT Darma Henwa Tbk (DEWA), that most of its revenue is contributed by Kaltim Prima Coal and Arutmin Indonesia, returned to ne ...
Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
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- Mjunction Services Limited - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Bangladesh Power Developement Board
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Bukit Asam (Persero) Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Antam Resourcindo - Indonesia
- IHS Mccloskey Coal Group - USA
- Global Green Power PLC Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- AsiaOL BioFuels Corp., Philippines
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- PetroVietnam Power Coal Import and Supply Company
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- The Treasury - Australian Government
- Global Coal Blending Company Limited - Australia
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Bhoruka Overseas - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Iligan Light & Power Inc, Philippines
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Ministry of Finance - Indonesia
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- ICICI Bank Limited - India
- Petron Corporation, Philippines
- Minerals Council of Australia
- CNBM International Corporation - China
- McConnell Dowell - Australia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- SN Aboitiz Power Inc, Philippines
- Interocean Group of Companies - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Uttam Galva Steels Limited - India
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Holcim Trading Pte Ltd - Singapore
- Aditya Birla Group - India
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Baramulti Group, Indonesia
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Kobexindo Tractors - Indoneisa
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Bhushan Steel Limited - India
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Rio Tinto Coal - Australia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Siam City Cement - Thailand
- Sinarmas Energy and Mining - Indonesia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
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