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Monday, 10 August 09
VINACOMIN TO SELL COAL AT MARKET PRICES TO DOMESTIC USERS
VNBusinessNews.com - Reuters reported that Vietnamese government has agreed to let coal monopoly Vinacomin sell coal at market oriented prices to domestic users from the fourth quarter of 2009, effectively ending its subsidy on the fuel.
As per report, the government had authorized Vinacomin to sell coal to domestic users on a negotiable and market oriented basis. However, prices should still be about 5% to 10% lower than export prices.
At present domestic power plants buy coal from Vinacomin at about USD 26 to USD 27 a tonne or 70% of the miner's production cost and about half of July's average export price of about USD 54 a tonne.
Ministry of industry & trade said that domestic coal consumption in the first seven months totaled 11.2 million tonnes, up by 1.8% YoY, with purchases by power plants, the biggest coal users, dropping 7% to 3.64 million tonnes.
Vietnam is a key coal supplier to China and Japan. Total exports in the January to July 2009 period fell by 2.8% YoY to 14.2 million tonnes as it moved to save more of the fuel for domestic consumption.
Source: VN Business News
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Thursday, 30 July 09
PNOC FORGES JOINT VENTURES AS STEPS UP COAL OPERATIONS
The Philippine National Oil Co.-Exploration Corp. has entered joint venture agreements with food and beverage conglomerate San Miguel and Filipinas ...
Thursday, 30 July 09
NAMANE OF SOUTH AFRICA IN SUDAN COAL DEAL, BUSINESS REPORT SAYS
Namane of South Africa in Sudan Coal Deal, Business Report Says
Namane Resources Ltd. of South Africa signed a coal-supply agreement with the Nat ...
Wednesday, 29 July 09
RP COAL DEMAND TO SURGE BY 2014 - PHILIPPINES UPDATE
CEBU, Philippines - With the entry of new coal-fired power generation plants in the Philippines, the Department of Energy (DOE) projected an increas ...
Wednesday, 29 July 09
INDIA HUNGRY FOR OUR COKING COAL ASSETS
The Australian reported that, INDIA is about to embark on a program of rapid coal sector acquisitions in Australia as it looks to plug a huge annual ...
Tuesday, 28 July 09
SHENZHEN ENERGY INKS COAL PURCHASE CONTRACT WITH CHINA SHENHUA
China Knowledge reported that, Shenzhen Energy Group Co Ltd has signed a five-year contract with China Shenhua Energy Co Ltd, which is engaged in th ...
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- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Tamil Nadu electricity Board
- Interocean Group of Companies - India
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Central Java Power - Indonesia
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Borneo Indobara - Indonesia
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Edison Trading Spa - Italy
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Salva Resources Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Orica Australia Pty. Ltd.
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Banpu Public Company Limited - Thailand
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Aboitiz Power Corporation - Philippines
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Ambuja Cements Ltd - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- Oldendorff Carriers - Singapore
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- Carbofer General Trading SA - India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Standard Chartered Bank - UAE
- Samtan Co., Ltd - South Korea
- Leighton Contractors Pty Ltd - Australia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Trasteel International SA, Italy
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- ICICI Bank Limited - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- SMC Global Power, Philippines
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Planning Commission, India
- Ministry of Finance - Indonesia
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- The University of Queensland
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Mintek Dendrill Indonesia
- Mercator Lines Limited - India
- Commonwealth Bank - Australia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Intertek Mineral Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Offshore Bulk Terminal Pte Ltd, Singapore
- The Treasury - Australian Government
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Sidhee Cement - India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- AsiaOL BioFuels Corp., Philippines
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- GAC Shipping (India) Pvt Ltd
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
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- Kartika Selabumi Mining - Indonesia
- Baramulti Group, Indonesia
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