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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, 18 August 16
CAPESIZE: AN EXTREMELY VOLATILE LAST WEEK, WHERE THE MAIN DRIVER HAS BEEN THE WEST AUSTRALIA MARKET
Supramax
The week has held up. After the most of the world is back at work there is some optimism again in the market. The Far East volume has in ...
Tuesday, 16 August 16
WEEKLY CS42 COAL INDEX SOARS 14.08% YEAR TO DATE AMID HIGH DEMAND
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 2.37% week over week to averaging $42.84 per ton this past week, shows CS (i) C ...
Monday, 15 August 16
DRY BULK: 2017 COULD MARK THE START OF LOWER SHIP DELIVERIES HELPING TONNAGE SUPPLY ISSUES IN THE MARKET, SAYS SHIPOWNER - HELLENIC SHIPPING NEWS
Dry bulk owner Pacific Basin, mainly active in the Handysize and Supramax trades appeared optimistic in its analysis of the prospects of the dry bu ...
Monday, 15 August 16
INDONESIAN COAL PRICES RALLYING; COAL OUTPUT REMAINS FLAT
COALspot.com: Global thermal coal prices, including Indonesian coal prices have risen sharply due to jump in imports from China as it curbs domesti ...
Monday, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive no ...
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Showing 2316 to 2320 news of total 6871 |
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- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- ICICI Bank Limited - India
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- ASAPP Information Group - India
- Ministry of Finance - Indonesia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- PTC India Limited - India
- Planning Commission, India
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Coal and Oil Company - UAE
- Interocean Group of Companies - India
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Mercator Lines Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Trasteel International SA, Italy
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- Parliament of New Zealand
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sarangani Energy Corporation, Philippines
- Chamber of Mines of South Africa
- Rashtriya Ispat Nigam Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- VISA Power Limited - India
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Central Java Power - Indonesia
- Romanian Commodities Exchange
- Karaikal Port Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Eastern Coal Council - USA
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- GVK Power & Infra Limited - India
- Eastern Energy - Thailand
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- CIMB Investment Bank - Malaysia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Aboitiz Power Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Agrawal Coal Company - India
- IHS Mccloskey Coal Group - USA
- Borneo Indobara - Indonesia
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Alfred C Toepfer International GmbH - Germany
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- London Commodity Brokers - England
- Semirara Mining Corp, Philippines
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