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Thursday, 11 June 09
COAL PRODUCERS TO SEE BOOST IN DEMAND FROM ASIA PACIFIC - JAKARTA POST
 The Jakarta Post reported that, at the recent 15th Coaltrans conference in Bali, we noted concerns related to rising oil prices at a faster pace than coal, which could incur heavier production costs for coal producers. However, we expect these increases to be offset by buoyant coal demand from the region.
India for example, clocking 8 percent annual power demand growth, estimates demand for imported coal to reach 43 million tons in 2009 because of its short domestic supply.
Additionally, India's cement industry is also growing at 9-10 percent annually, while its steel consumption is seeing 8 percent growth each year.
This is also supported by the Indian Electricity Act 2003, setting out to provide electricity for all of India by 2012. Hence, power demand in India is estimated to grow to 315 GW (gigawatts) by 2017, from 120 GW at present.
India has fallen short of meeting its thermal coal demand since 2005. Back then, the deficit was 37 million tons. This grew to 90 million tons in 2008, and is predicted to grow to 160 million tons by 2012.
The Coal and Oil Group of India estimates thermal coal imports to triple to 100 million tons by 2012, making it the world's fastest growing coal importer.
Support should also come from the Philippines with its estimated annual coal consumption of between 8.7 million - 10.2 million tons by coal-fired power plants alone, versus its annual coal production of 3.6 million tons.
Total coal demand in 2008 for the Philippines was 12.2 million tons, including coal usage by industrial, cement and heavy equipment sectors with the power sector accounting for 72 percent of demand.
Wood Mackenzie believes China will add pressure to demand by becoming a net coal importer as of 2009, with a gradual decline in coal exports, flattening out at 30 million tons a year by 2015.
On the domestic front, state utility firm PLN predicts Indonesia's energy demand to rise from 272 TWh (terawatt hours) this year to 325 TWh in 2018, when it predicts coal-steam power plants will account for 60 percent of the supply.
Coal demand for power generators is estimated to reach 107 million tons by 2018, up from 32 million tons in 2009.
By 2015, low-grade coal usage is expected to rise to 53 percent, from 8 percent in 2008, while medium and high-grade coal usage should decrease.
The government has adopted a mechanism to regulate both volumes and pricing for domestic market obligation (DMO) to ensure domestic demand is met.
Coal volume will be regulated through the Ministerial Decree on Minimum Percentage of Domestic Coal Sales, which will be distributed proportionally among coal buyers.
The government also plans to set an Indonesian Coal Price Reference (ICPR/HPB) to be applied for both producers and consumers. ICPR will rely on a reference index averaging on 4 indexes (ICI, BJ, GC, and Platts).
The new Minerals and Coal Mining Law has provided clear structuring through new mining licenses (IUP or IUPK) which apply for domestic and foreign investors.
However, regulations on divestiture of shares owned by foreign parties after five years of production may discourage foreign investment in the sector, but will provide support for domestic coal producers.
As a major thermal coal exporter, Indonesia will fully benefit from the short coal supply in neighboring countries.
Indonesia's strategic geographic location will make it a prime choice among coal suppliers based on lower delivery costs and timing compared to other countries such as Australia.
Declining coal exports from the Atlantic (the US) should also create potential for coal markets in the Pacific, particularly Indonesia.
The writer (Katherine Hermawan) , is a research analyst at Bahana Securities
Source: http://www.thejakartapost.com/news/2009/06/11/coal-producers-see-boost-demand-asia-pacific.html
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Friday, 12 June 09
MERCATOR LINES TARGETS 30 MILLION TONNE FROM MOZAMBIQUE COAL MINE - STEEL GURU
India’s second largest private shipping company Mercator Lines has targeted production of 30 million tonnes of coal from its Mozambique mine o ...
Friday, 12 June 09
THERMAL COAL PRICE REMAINS STABLE IN SHANXI - STEEL GURU
It is reported that coming into June, no major changes are seen in coal supply-demand relations in Shanxi province. Statistics of Qinhuangdao port, ...
Thursday, 11 June 09
PT NALCO PLANS TO CONSTRUCT COAL-FIRED POWER PLANT IN SOUTH SUMATRA - ENERGY BUSINESS REVIEW
PT Nalco (National Aluminium Company Limited), an Indian-based company, plans to construct a coal-fired power plant in South Sumatra. The company in ...
Wednesday, 10 June 09
BHP TO CUT 450 JOBS AT INDONESIAN COAL PROJECT - REUTERS
Reuters reported that, BHP Billiton Ltd will lay off all 450 workers at its Indonesian coal project after deciding not to go ahead with the pr ...
Monday, 08 June 09
PTC INDIA TO ACQUIRE COAL MINES IN AUSTRALIA, INDONESIA - PTI NEWS
PTI reported that, State-owned Power Trading Corp today said it would acquire coal properties overseas and has identified mines in Australia and Ind ...
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- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Central Electricity Authority - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Malabar Cements Ltd - India
- Rio Tinto Coal - Australia
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Eastern Coal Council - USA
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- London Commodity Brokers - England
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Essar Steel Hazira Ltd - India
- Latin American Coal - Colombia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Therma Luzon, Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Sarangani Energy Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dalmia Cement Bharat India
- Formosa Plastics Group - Taiwan
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Krishnapatnam Port Company Ltd. - India
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Coal and Oil Company - UAE
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- PTC India Limited - India
- Sojitz Corporation - Japan
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bhatia International Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Romanian Commodities Exchange
- Posco Energy - South Korea
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- VISA Power Limited - India
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- GVK Power & Infra Limited - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Salva Resources Pvt Ltd - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Indian Oil Corporation Limited
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