COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA


Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination for steam coal, said Xavier Prevost, a coal analyst at XMP Consulting.

“The Asian continent, especially India, is very eager to use more steam coal from South Africa,” Prevost said in a speech at the Coaltrans conference in Johannesburg today. India’s purchases are “increasing and may prove to be our new main trading partner for the future.”

South Africa’s Richards Bay Coal Terminal, Africa’s largest coal-export facility, shipped about 61.8 million tons last year, mainly to Europe. Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc are the largest coal producers in the country.

“Wood MacKenzie expects coal demand in India to grow at a faster rate than any other country in the world,” Dirk Fourie, vice president for consulting in Africa at Wood MacKenzie, said at the conference, adding that South Africa and Indonesia are the largest coal suppliers to India.

Coal India Ltd., the state-owned monopoly producer, said on Aug. 27 it may spend as much as $1.5 billion to buy overseas mines. The country, the world’s most populous nation after China, faces a coal shortage by 2012, Coal India estimates.

While South Africa can supply India with better-quality coal than rival Indonesia, the African country’s coal industry has higher costs and faces logistics constraints, Fourie said. “Rail constraints could limit South Africa’s exports to less than 65 million tons this year,” he said.

‘Unpredictable’ Market

Securing long-term coal supply in a “highly unpredictable” international market has become more important than prices, Pradeep Lenka, chief executive officer of thermal coal at Mumbai-based Lanco Infratech Ltd., said at the conference. South Africa has the “right balance” between quality and logistics, he added.

India’s government is building power plants to match electricity demand estimated to rise to 950,000 megawatts by 2030. The country imports between 6 percent and 7 percent of its total coal demand, Lenka said.

South Africa has not successfully diversified its coal exports market to date, Argus Media Ltd. business development manager Jim Nicholson said at the conference. South Africa’s efforts to diversify coal export markets are “not really enough to replace the stagnation in Europe.”

South Africa may ship about 1 million tons coal or more to Taiwan this year, he said, adding the country’s share of the Taiwanese coal imports has fallen to “virtually zero” from about 40 percent in about 1990.
Source: Bloomberg



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...


Wednesday, 30 September 09
COKING COAL PRICES MAY TOUCH $200/TN IN 2010-11
Business Standard reported that, Driven by surge in imports of coking coal by China, growth in Japanese steel output and signs of recovery in the In ...


Wednesday, 30 September 09
PURNOMO BIDS 'GOODBYE' TO ENERGY MINISTRY
The Jakarta globe reported that, In what could be construed as a resignation speech from a government official — but perhaps wasn’t &mda ...


Tuesday, 29 September 09
MINING AND ENERGY DAY 2009
The Minister of Energy and Mineral Resources, Purnomo Yusgiantoro led the ceremony marking 2009 Mining and Energy Day celebrations, held at the Depa ...


Tuesday, 29 September 09
BUKIT ASAM REDUCES ITS SALES TARGET
Tempo Interactive reported that, PT Tambang Batubara Bukit Asam Tbk has decided to reduce its sales target this year from 14.5 million tons of coal ...


   1276 1277 1278 1279 1280   
Showing 6386 to 6390 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • EMO - The Netherlands
  • Power Finance Corporation Ltd., India
  • GVK Power & Infra Limited - India
  • SN Aboitiz Power Inc, Philippines
  • Cigading International Bulk Terminal - Indonesia
  • KPMG - USA
  • Goldman Sachs - Singapore
  • PowerSource Philippines DevCo
  • Cardiff University - UK
  • Kaltim Prima Coal - Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • GB Group - China
  • EIA - United States
  • Sucofindo - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Bahari Cakrawala Sebuku - Indonesia
  • globalCOAL - UK
  • Bharathi Cement Corporation - India
  • Humpuss - Indonesia
  • Indonesia Power. PT
  • Dalmia Cement Bharat India
  • SGS (Thailand) Limited
  • Banpu Public Company Limited - Thailand
  • Gujarat Sidhee Cement - India
  • Asian Development Bank
  • Therma Luzon, Inc, Philippines
  • Globalindo Alam Lestari - Indonesia
  • NTPC Limited - India
  • Adani Power Ltd - India
  • Ceylon Electricity Board - Sri Lanka
  • Gresik Semen - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Binh Thuan Hamico - Vietnam
  • London Commodity Brokers - England
  • Enel Italy
  • UOB Asia (HK) Ltd
  • TRAFIGURA, South Korea
  • Kartika Selabumi Mining - Indonesia
  • Coeclerici Indonesia
  • UBS Singapore
  • Runge Indonesia
  • San Jose City I Power Corp, Philippines
  • Arutmin Indonesia
  • Manunggal Multi Energi - Indonesia
  • Vizag Seaport Private Limited - India
  • CIMB Investment Bank - Malaysia
  • Larsen & Toubro Limited - India
  • Kobexindo Tractors - Indoneisa
  • Interocean Group of Companies - India
  • Petron Corporation, Philippines
  • Thomson Reuters GRC
  • Fearnleys - India
  • McKinsey & Co - India
  • BNP Paribas - Singapore
  • Minerals Council of Australia
  • Maruti Cements - India
  • Mechel - Russia
  • Chamber of Mines of South Africa
  • Infraline Energy - India
  • Essar Steel Hazira Ltd - India
  • Noble Europe Ltd - UK
  • Inco-Indonesia
  • Japan Coal Energy Center
  • Glencore India Pvt. Ltd
  • Attock Cement Pakistan Limited
  • Gujarat Mineral Development Corp Ltd - India
  • Energy Development Corp, Philippines
  • Romanian Commodities Exchange
  • Baramulti Group, Indonesia
  • Sical Logistics Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Economic Council, Georgia
  • Deloitte Consulting - India
  • Metalloyd Limited - United Kingdom
  • Peabody Energy - USA
  • Aboitiz Power Corporation - Philippines
  • CNBM International Corporation - China
  • Mitsui
  • NALCO India
  • Directorate General of MIneral and Coal - Indonesia
  • Core Mineral Indonesia
  • Thailand Anthracite
  • Ministry of Finance - Indonesia
  • Russian Coal LLC
  • ICICI Bank Limited - India
  • Tanito Harum - Indonesia
  • Medco Energi Mining Internasional
  • Barasentosa Lestari - Indonesia
  • Indorama - Singapore
  • Xstrata Coal
  • Eastern Energy - Thailand
  • ING Bank NV - Singapore
  • ETA - Dubai
  • GMR Energy Limited - India
  • Oldendorff Carriers - Singapore
  • Antam Resourcindo - Indonesia
  • IHS Mccloskey Coal Group - USA
  • Billiton Holdings Pty Ltd - Australia
  • Indogreen Group - Indonesia
  • Sindya Power Generating Company Private Ltd
  • Grasim Industreis Ltd - India
  • Siam City Cement PLC, Thailand
  • Kalimantan Lumbung Energi - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • SMG Consultants - Indonesia
  • Vale Mozambique
  • Ind-Barath Power Infra Limited - India
  • Mercuria Energy - Indonesia
  • Sree Jayajothi Cements Limited - India
  • Global Business Power Corporation, Philippines
  • Samtan Co., Ltd - South Korea
  • Mjunction Services Limited - India
  • Anglo American - United Kingdom
  • Central Electricity Authority - India
  • Malabar Cements Ltd - India
  • PTC India Limited - India
  • Commonwealth Bank - Australia
  • Bangkok Bank PCL
  • Cargill India Pvt Ltd
  • Ernst & Young Pvt. Ltd.
  • Adaro Indonesia
  • Vitol - Bahrain
  • Lanco Infratech Ltd - India
  • Chettinad Cement Corporation Ltd - India
  • Shree Cement - India
  • Indo Tambangraya Megah - Indonesia
  • Aditya Birla Group - India
  • Rashtriya Ispat Nigam Limited - India
  • Sakthi Sugars Limited - India
  • Jaiprakash Power Ventures ltd
  • GAC Shipping (India) Pvt Ltd
  • Maersk Broker
  • Merrill Lynch Bank
  • J M Baxi & Co - India
  • Bhoruka Overseas - Indonesia
  • The University of Queensland
  • Kohat Cement Company Ltd. - Pakistan
  • Uttam Galva Steels Limited - India
  • TeaM Sual Corporation - Philippines
  • Latin American Coal - Colombia
  • Salva Resources Pvt Ltd - India
  • Agrawal Coal Company - India
  • Kapuas Tunggal Persada - Indonesia
  • Coal India Limited
  • Standard Chartered Bank - UAE
  • Semirara Mining Corp, Philippines
  • Maheswari Brothers Coal Limited - India
  • Directorate Of Revenue Intelligence - India
  • KOWEPO - South Korea
  • McConnell Dowell - Australia
  • VISA Power Limited - India
  • Coal and Oil Company - UAE
  • Rudhra Energy - India
  • PetroVietnam
  • WorleyParsons
  • World Coal - UK
  • Coastal Gujarat Power Limited - India
  • Renaissance Capital - South Africa
  • Indian Energy Exchange, India
  • Asia Cement - Taiwan
  • Bank of America
  • Altura Mining Limited, Indonesia
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • CCIC - Indonesia
  • Indika Energy - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Siam City Cement - Thailand
  • Maybank - Singapore
  • Central Java Power - Indonesia
  • Riau Bara Harum - Indonesia
  • Madhucon Powers Ltd - India
  • Platou - Singapore
  • Meralco Power Generation, Philippines
  • Karbindo Abesyapradhi - Indoneisa
  • Platts
  • Indian School of Mines
  • World Bank
  • SUEK AG - Indonesia
  • BRS Brokers - Singapore
  • Mitsubishi Corporation
  • MEC Coal - Indonesia
  • TNPL - India
  • bp singapore
  • Samsung - South Korea
  • OPG Power Generation Pvt Ltd - India
  • Credit Suisse - India
  • Argus Media - Singapore
  • Shenhua Group - China
  • Sarangani Energy Corporation, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Clarksons - UK
  • Berau Coal - Indonesia
  • Holcim Trading Pte Ltd - Singapore
  • Petrosea - Indonesia
  • HSBC - Hong Kong
  • CESC Limited - India
  • IOL Indonesia
  • GN Power Mariveles Coal Plant, Philippines
  • Australian Coal Association
  • Tata Chemicals Ltd - India
  • APGENCO India
  • Bukit Baiduri Energy - Indonesia
  • Vedanta Resources Plc - India
  • Mintek Dendrill Indonesia
  • Simpson Spence & Young - Indonesia
  • PetroVietnam Power Coal Import and Supply Company
  • JPower - Japan
  • Bukit Makmur.PT - Indonesia
  • New Zealand Coal & Carbon
  • Total Coal South Africa
  • Indian Oil Corporation Limited
  • Straits Asia Resources Limited - Singapore
  • Krishnapatnam Port Company Ltd. - India
  • The Treasury - Australian Government
  • Mercator Lines Limited - India
  • Ince & co LLP
  • ACC Limited - India
  • Tata Power - India
  • Videocon Industries ltd - India
  • AsiaOL BioFuels Corp., Philippines
  • Thriveni
  • Timah Investasi Mineral - Indoneisa
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Parliament of New Zealand
  • Thermax Limited - India
  • GHCL Limited - India
  • PLN Batubara - Indonesia
  • Qatrana Cement - Jordan
  • Sojitz Corporation - Japan
  • Georgia Ports Authority, United States
  • Bhushan Steel Limited - India
  • Indonesian Coal Mining Association
  • Vijayanagar Sugar Pvt Ltd - India
  • Singapore Mercantile Exchange
  • Merrill Lynch Commodities Europe
  • India Bulls Power Limited - India
  • DBS Bank - Singapore
  • Africa Commodities Group - South Africa
  • IBC Asia (S) Pte Ltd
  • Meenaskhi Energy Private Limited - India
  • White Energy Company Limited
  • Orica Mining Services - Indonesia
  • Port Waratah Coal Services - Australia
  • Coalindo Energy - Indonesia
  • Kobe Steel Ltd - Japan
  • LBH Netherlands Bv - Netherlands
  • Neyveli Lignite Corporation Ltd, - India
  • Kideco Jaya Agung - Indonesia
  • Permata Bank - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Bhatia International Limited - India
  • Bulk Trading Sa - Switzerland
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • South Luzon Thermal Energy Corporation
  • Global Coal Blending Company Limited - Australia
  • Karaikal Port Pvt Ltd - India
  • Australian Commodity Traders Exchange
  • KEPCO - South Korea
  • Cement Manufacturers Association - India
  • Savvy Resources Ltd - HongKong
  • Heidelberg Cement - Germany
  • Cebu Energy, Philippines
  • Orica Australia Pty. Ltd.
  • Geoservices-GeoAssay Lab
  • Energy Link Ltd, New Zealand
  • Planning Commission, India
  • Pendopo Energi Batubara - Indonesia
  • Sinarmas Energy and Mining - Indonesia
  • Barclays Capital - USA
  • Thai Mozambique Logistica
  • Jindal Steel & Power Ltd - India
  • Intertek Mineral Services - Indonesia
  • Eastern Coal Council - USA
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Wilmar Investment Holdings
  • Independent Power Producers Association of India
  • Panama Canal Authority
  • Borneo Indobara - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Coaltrans Conferences
  • Inspectorate - India
  • SMC Global Power, Philippines
  • Ambuja Cements Ltd - India
  • Edison Trading Spa - Italy
  • Gujarat Electricity Regulatory Commission - India
  • Tamil Nadu electricity Board
  • Malco - India
  • Pinang Coal Indonesia
  • Iligan Light & Power Inc, Philippines
  • Ministry of Transport, Egypt
  • Trasteel International SA, Italy
  • IMC Shipping - Singapore
  • Alfred C Toepfer International GmbH - Germany
  • Lafarge - France
  • U S Energy Resources
  • Coal Orbis AG
  • Kumho Petrochemical, South Korea
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bank of China, Malaysia
  • SRK Consulting
  • Bayan Resources Tbk. - Indonesia
  • European Bulk Services B.V. - Netherlands
  • KPCL - India
  • PLN - Indonesia
  • Moodys - Singapore
  • PNOC Exploration Corporation - Philippines
  • Xindia Steels Limited - India
  • Gupta Coal India Ltd
  • Electricity Authority, New Zealand
  • Jorong Barutama Greston.PT - Indonesia
  • Ministry of Mines - Canada
  • IEA Clean Coal Centre - UK
  • Deutsche Bank - India
  • Reliance Power - India
  • Marubeni Corporation - India
  • Jatenergy - Australia
  • CoalTek, United States
  • Freeport Indonesia
  • ANZ Bank - Australia
  • Price Waterhouse Coopers - Russia
  • Cemex - Philippines
  • Arch Coal - USA
  • Carbofer General Trading SA - India
  • Cosco
  • Makarim & Taira - Indonesia
  • JPMorgan - India
  • MS Steel International - UAE
  • OCBC - Singapore
  • Electricity Generating Authority of Thailand
  • TGV SRAAC LIMITED, India
  • Global Green Power PLC Corporation, Philippines
  • Petrochimia International Co. Ltd.- Taiwan
  • Thiess Contractors Indonesia
  • Mitra SK Pvt Ltd - India
  • Posco Energy - South Korea
  • Star Paper Mills Limited - India
  • Rio Tinto Coal - Australia
  • Parry Sugars Refinery, India
  • ASAPP Information Group - India
  • Wood Mackenzie - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • GNFC Limited - India
  • TANGEDCO India
  • Britmindo - Indonesia
  • Surastha Cement
  • Idemitsu - Japan
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • RBS Sempra - UK
  • The India Cements Ltd
  • SASOL - South Africa
  • Bukit Asam (Persero) Tbk - Indonesia
  • Formosa Plastics Group - Taiwan
  • The State Trading Corporation of India Ltd
  • Bangladesh Power Developement Board
  • Semirara Mining and Power Corporation, Philippines