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Monday, 10 August 09
VIET NAM COAL EXPORTS HIT 13.5 MILLION TONNES
 VietNamNet Bridge reported that, Viet Nam exported more than 13.5 million tonnes of coal in the first seven months of this year, equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion.
Buyers were primarily China, Japan, Thailand, India, Malaysia, South Korea and Europe, said Tran Xuan Hoa, general director of the Viet Nam National Coal and Mineral Industries Group (Vinacomin).
Local consumption was 10.98 million tonnes, also equal to the same period last year.
Coal for both domestic consumption and export earned Vinacomin more than VND20 trillion (US$1.1 billion), of which VND12 trillion ($667 million) was from exports, Hoa said.
Vinacomin plans to export 3 million tonnes of coal this year. Despite its estimated 42 billion tonnes of coal reserves, the company is struggling to cater for steeply rising domestic energy demand of 17-20 per cent a year and plans to lower its export target.
Coal for China
Vinacomin was expected to export 10.5 million tonnes of coal to China for the second half of this year and the first quarter of next year, said Pham Minh Chau, head of Vinacomin's export department.
The coal utility would sell 2.5 million tonnes of fine anthracite coal to China through the Van Gia transhipment area in the northeastern province of Quang Ninh by directly signing contracts with Chinese companies. Coal could be exchanged for goods under these contracts, he said.
More than 336,000 tonnes of coal was sold through the Van Gia transhipment area from mid-May to mid-July at a price of $38 per tonne, representing 93.92 per cent of the volume signed with Chinese companies.
Of the figure, Hon Gai fine anthracite coal 11C accounted for 160,000 tonnes, the official added.
The Hon Gai fine anthracite coal 11A sold under contracts signed between the two governments was sold for $46 per tonne last June, Chau said.
Direct coal trading between Vietnamese and Chinese companies resumed last March after it was banned in May 2007 due to rampant coal smuggling in Quang Ninh.
Within a day in May 2007, 104 ships were seized in Van Gia for illegal coal transport because domestic prices were lower than international ones.
Chinese buyers were small companies in Guangxi province's Dongxing, the only port linking China and Viet Nam by both land and water, Chau said.
Now demand for coal is not as high as in early 2008 due to the global economic crisis, Chau said.
China, the world's largest coal producer and consumer, is expected to be a net coal importer for the first time in 20 years, as low prices in the international market and sluggish demand discourage exporters, according to analysts.
Several analysts have forecast that Chinese domestic coal prices, now hovering around $89 a tonne, could rise in the coming months on the back of summer demand and economic growth. China's power output rose on the year in June for the first time since last October, thanks to a pick-up in the economy and rising temperatures.
Supply has also been improving, as some of China's small coal mines are slowly returning to production, months after being shut down for strict safety inspections ordered by the central government.
Source: VietNamNet Bridge
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Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
Wednesday, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
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- Bhatia International Limited - India
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Kobexindo Tractors - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- South Luzon Thermal Energy Corporation
- Mjunction Services Limited - India
- Africa Commodities Group - South Africa
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Siam City Cement - Thailand
- Parliament of New Zealand
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Aboitiz Power Corporation - Philippines
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Medco Energi Mining Internasional
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Latin American Coal - Colombia
- PTC India Limited - India
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- Formosa Plastics Group - Taiwan
- Sindya Power Generating Company Private Ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Rio Tinto Coal - Australia
- Ministry of Finance - Indonesia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- Georgia Ports Authority, United States
- Vijayanagar Sugar Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Coalindo Energy - Indonesia
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- CNBM International Corporation - China
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- The University of Queensland
- Gujarat Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Bhushan Steel Limited - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Economic Council, Georgia
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Australian Coal Association
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Heidelberg Cement - Germany
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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