We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 20 June 09
COAL OUTLOOK DARKENS AS PRODUCERS LOOK FOR PRICING FLEXIBILITY
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for the industry.
Russia has second largest coal reserves in the world – but its gas reserves are even bigger.
Over the past decade it has increased the use of gas to fuel its power stations, pushing the sector’s traditional suppliers – coal miners – out of the market.
On average the share of coal in Russian power generation is about 20% – less than half the world average of 50%.
But the luxury of cheap gas may soon end – foreseeing the changes, generator IES Holding, has already increased its share of coal in generation from 2% to 7% according to Vice President, Eduard Smelov.
“Gas prices are going to increase. By 2011 we will have market pricing – coal will be much cheaper.”
Electricity producers want long term contracts – of up to 10 years – something the coal industry resists. Coal prices depend on the charges of Russian monopolies – especially the cost of transport by Russian Railways.
If their costs rise, coal producers want to be free to raise their prices. And shifting more coal sales to export, is not an answer according to Oleg Pertsovsky from Strategy and Corporate Development at SUEK.
“For the foreign market we have the huge drop in prices. At the same time the costs continue to grow. On average the export market becomes much less interesting than it was before, so currently the coal producers face very low margins on both markets.”
Coal producers are trapped between prices set by market forces and costs set by the state.
Source: Russia Today (http://www.russiatoday.com/Business/2009-06-19/Coal_outlook_darkens_as_producers_look_for_pricing_flexibility.html)
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Friday, 26 June 09
SA COAL EXPORTS UNLIKELY TO BREACH 65MT THIS YEAR
Coal volumes railed to South Africa’s Richards Bay Coal Terminal (RBCT) during the rain-affected first quarter of 2009 had fallen well short o ...
Friday, 26 June 09
BAYAN TARGETS GROSS PROFIT TO RISE BY 86.2 PERCENT
Local coal producer publicly listed PT Bayan Resources is targeting this year's gross profit to rise by 86.2 percent on the back of higher sales vo ...
Thursday, 25 June 09
INDIA'S ULTRATECH BUYS 500,000T S.AFRICA COAL
Indian cement maker Ultratech has bought 10 handymax cargoes of South African coal at $73.00-$74.00 a tonne CIF for July-September delivery, Indian ...
Wednesday, 24 June 09
NTPC BURNS MORE COAL TO PRODUCE ELECTRICITY
A tonne of coal is the same as another tonne of coal, you might think.
But power major NTPC Ltd is finding that this year’s coal is not yie ...
Wednesday, 24 June 09
NTPC, COAL INDIA TO BUY MINING ASSETS OVERSEAS
State-owned utility National Thermal Power Corporation (NTPC) and the largest coal producer Coal India are in advanced stages of acquiring mining as ...
|
|
|
Showing 6651 to 6655 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Wood Mackenzie - Singapore
- London Commodity Brokers - England
- Electricity Generating Authority of Thailand
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Indogreen Group - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Tamil Nadu electricity Board
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Bayan Resources Tbk. - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Minerals Council of Australia
- Therma Luzon, Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- White Energy Company Limited
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement - Thailand
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Kobexindo Tractors - Indoneisa
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Goldman Sachs - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Electricity Authority - India
- Banpu Public Company Limited - Thailand
- PetroVietnam Power Coal Import and Supply Company
- PTC India Limited - India
- Sinarmas Energy and Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- Commonwealth Bank - Australia
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Posco Energy - South Korea
- Indika Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Maharashtra Electricity Regulatory Commission - India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- SMG Consultants - Indonesia
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- ASAPP Information Group - India
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Larsen & Toubro Limited - India
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Parliament of New Zealand
- IHS Mccloskey Coal Group - USA
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
|
| |
| |
|