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Tuesday, 27 February 18
SHELL SEES POTENTIAL LNG SUPPLY SHORTAGE AS GLOBAL DEMAND SURGES
 Media Release: The global liquefied natural gas (LNG) market has continued to defy expectations of many market observers, with demand growing by 29 million tonnes to 293 million tonnes in 2017, according to Shell’s annual LNG Outlook. Such strong growth in demand is consistent with Shell’s first LNG Outlook, published in 2017. Based on current demand projections, Shell sees potential for a supply shortage developing in mid-2020s, unless new LNG production project commitments are made soon.
Japan remained the world’s largest LNG importer in 2017, while China moved into second place as Chinese imports surged past South Korea’s. Total demand for LNG in China reached 38 million tonnes, a result of continued economic growth and policies to reduce local air pollution through coal-to-gas switching.
“We are still seeing significant demand from traditional importers in Asia and Europe, but we are also seeing LNG provide flexible, reliable and cleaner energy supply for other countries around the world,” said Maarten Wetselaar, Integrated Gas and New Energies Director at Shell. “In Asia alone, demand rose by 17 million tonnes. That’s nearly as much as Indonesia, the world’s fifth-largest LNG exporter, produced in 2017.”
LNG has played an increasing role in the global energy system over the last few decades. Since 2000, the number of countries importing LNG has quadrupled and the number of countries supplying it has almost doubled. LNG trade increased from 100 million tonnes in 2000 to nearly 300 million tonnes in 2017. That’s enough gas to generate power for around 575 million homes.
LNG buyers continued to sign shorter and smaller contracts. In 2017, the number of LNG spot cargoes sold reached 1,100 for the first time, equivalent to three cargoes delivered every day. This growth mostly came from new supply from Australia and the USA.
The mismatch in requirements between buyers and suppliers is growing. Most suppliers still seek long-term LNG sales to secure financing. But LNG buyers increasingly want shorter, smaller and more flexible contracts so they can better compete in their own downstream power and gas markets.
This mismatch needs to be resolved to enable LNG project developers to make final investment decisions that are needed to ensure there is enough future supply of this cleaner-burning fuel for the world economy.
Source: Shell
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Friday, 01 December 23
COAL MINERS GROUP EXPECTS INDONESIA’S 2023 COAL OUTPUT TO SURPASS TARGET - REUTERS
The Indonesian Coal Mining Association (ICMA) expects the country’s 2023 coal output to surpass the official target of 695 million metric ton ...
Friday, 24 November 23
COAL IMPORTS TO INDIA IN OCTOBER 2023 REACHED HIGHEST LEVELS IN NEARLY A YEAR AND A HALF - VESSELSVALUE, VESON NAUTICAL
In October, coal imports to India reached 13.8 mt in October 2023, according to Oceanbolt, a Veson Nautical solution, the highest level since May 2 ...
Friday, 24 November 23
COAL SHIPMENTS TO ADVANCED ECONOMIES DOWN 17% SO FAR IN 2023 - BIMCO
In the first ten months of 2023, coal shipments to advanced economies fell by 17% y/y, as demand for electricity declined and the share of electric ...
Friday, 24 November 23
INTELLIGENT COAL MINES CONTRIBUTE TO IMPROVING SAFETY STANDARDS - CHINA DAILY
Mechanization, automation and intelligent upgrades have contributed to improved safety in coal mines, though the level of development of intelligen ...
Friday, 24 November 23
WHY AUSTRALIA'S COAL MINES ARE GETTING BIGGER - IEEFA
Australia’s largest coal mines are getting larger. Mines in New South Wales (NSW) are ramping up production following the state’s recov ...
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- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Australian Coal Association
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- Carbofer General Trading SA - India
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Latin American Coal - Colombia
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Coastal Gujarat Power Limited - India
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Goldman Sachs - Singapore
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Energy Link Ltd, New Zealand
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bharathi Cement Corporation - India
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Electricity Authority, New Zealand
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Aboitiz Power Corporation - Philippines
- Marubeni Corporation - India
- Medco Energi Mining Internasional
- Simpson Spence & Young - Indonesia
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Planning Commission, India
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Mintek Dendrill Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Thiess Contractors Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Riau Bara Harum - Indonesia
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Essar Steel Hazira Ltd - India
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Independent Power Producers Association of India
- Deloitte Consulting - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Edison Trading Spa - Italy
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- The State Trading Corporation of India Ltd
- ASAPP Information Group - India
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Price Waterhouse Coopers - Russia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- PowerSource Philippines DevCo
- Kideco Jaya Agung - Indonesia
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