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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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Tuesday, 08 September 09
INDIA MAY HAVE A JOINT WORKING GROUP FOR COAL WITH INDONESIA: SRIPRAKASH JAISWAL - PRESS RELEASE
Press Information Bureau of India reported in its web site that, The Coal Ministry has, in principle, agreed to set up a Joint Working Group for coa ...
Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...
Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand.
Coal mining company PT Tambang Batuba ...
Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...
Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009
Analysis of Asia Coal Market amid Global Financial Crisis
COALspot.com(Chin ...
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- Global Coal Blending Company Limited - Australia
- Timah Investasi Mineral - Indoneisa
- Metalloyd Limited - United Kingdom
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- The University of Queensland
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- SMG Consultants - Indonesia
- Tata Chemicals Ltd - India
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- OPG Power Generation Pvt Ltd - India
- Latin American Coal - Colombia
- Malabar Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- Wood Mackenzie - Singapore
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- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- SN Aboitiz Power Inc, Philippines
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Interocean Group of Companies - India
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- IHS Mccloskey Coal Group - USA
- IEA Clean Coal Centre - UK
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Sakthi Sugars Limited - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- McConnell Dowell - Australia
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- Antam Resourcindo - Indonesia
- Lanco Infratech Ltd - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Planning Commission, India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
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