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Thursday, 15 September 16
INDONESIA MAY FACE A COAL CRISIS BY 2035!
 COALspot.com: Indonesia is the world’s fourth-largest coal producer and the world’s largest thermal coal exporter may face a coal crisis by 2035. According to the Indonesian coal mining association Indonesia may become a coal importer by 2035, if the country fails to address the coal supply issues on time.
Coal power generation in Indonesia is forecast to grow by 160% between 2013 and 2022 as the economy continues to develop, says WCA.
According to Chairman of ICMA, as quoted by Liputan6, "Indonesia is currently producing around 350-400 million tons per year and consuming around 170 million per year. At present annual production, the Indonesia will exhaust its coal reserves in about 20 years. Indonesia's economically retrievable coal reserves measured at around 8 billion tons and the Indonesian government is also aims to have 35 GWe of new power stations operating by 2019 - 2020.
According to Pandu Sjahrir, Chairman of ICMA, as quoted by Liputan6, In fact, Indonesia is having coal reserves of around 30 to 40 billion tons, which can meet long-term needs. However, based on the current coal price levels (US$ 70 per ton), only around 8 billion tons is economically retrievable reserves. A recent study by Pricewater house suggested that, coal in Indonesia will be exhausted by 2035.
Indonesia’s domestic coal consumption is expected to increase significantly coming years when the planned 35 gigawatts power stations fully operational.
According to ICMA, the association is discussing the issues with the government to find a workable solution to address the coal crisis that country may face by 2035. However the association says, as quoted by Liputan6, the coal export ban to secure the fuel for domestic use will not be the right step for Indonesia. If the government decides to ban coal exports, then, the country's mining industry would be shaken. The ban on coal export will lead to mine closures and layoffs of about 700 thousand to one million coal miners.
According to Chairman, as reported by Liputan6, ban on coal exports will only adding new problems. Instead of the coal export ban, the Indonesian Coal Mining Association urged the government to lock in measures to set coal prices based on cost plus.He strongly believes that, such a pricing policy would help stimulate investment in exploration and stabilize the economy, as well as secure coal reserves for the country's upcoming power stations.
“Coal is likely to remain the most affordable fuel for power generation in many developing and industrialized countries for decades” – World Coal Association
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Thursday, 10 November 16
WILL TRUMP VICTORY PROVIDE A BOOST FOR HYDROCARBON & COAL INDUSTRIES? - DOUGLAS-WESTWOOD
Donald Trump’s surprise victory ends months of an adversarial presidential campaign with bitter disagreements between the two major candidate ...
Thursday, 10 November 16
PANAMAX: NO TRUMP INFLUENCE YET, AND THE MARKET IS HEADING NORTH - FEARNLEYS
Supramax
Pacific Supra market still soft and falling this week, although seems to be in a somewhat slower pace compared to last week. According t ...
Wednesday, 09 November 16
SINGAPORE'S SGX COMPLETES ACQUISITION OF LONDON'S BALTIC EXCHANGE
COALspot.com: Singapore Exchange Limited and The Baltic Exchange Limited together announced that the acquisition of the Baltic Exchange by SGX has ...
Wednesday, 09 November 16
SUPRAMAX: 50% INCREASE ON AVERAGE SINCE THE FIRST QUARTER OF THE YEAR - GIANNIS ANDRITSOPOULOS
Last week was an interesting one for the tanker market, which following the explosion of the gas pipeline in Alabama witnessed a spike in Atlantic ...
Tuesday, 08 November 16
S.KOREA'S KOMIPO ISSUES TENDER TO BUY 390K TONS OF BITUMINOUS COAL FOR JAN-FEB 2017
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 390,000 Metric Tons of Bituminous Coal for its B ...
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Showing 2221 to 2225 news of total 6871 |
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- Marubeni Corporation - India
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Samtan Co., Ltd - South Korea
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Coal and Oil Company - UAE
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Meralco Power Generation, Philippines
- Timah Investasi Mineral - Indoneisa
- IEA Clean Coal Centre - UK
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Power Finance Corporation Ltd., India
- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Minerals Council of Australia
- International Coal Ventures Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- San Jose City I Power Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Bhushan Steel Limited - India
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Deloitte Consulting - India
- The University of Queensland
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- Videocon Industries ltd - India
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Salva Resources Pvt Ltd - India
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Petron Corporation, Philippines
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Aboitiz Power Corporation - Philippines
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Ceylon Electricity Board - Sri Lanka
- Asmin Koalindo Tuhup - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
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