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Thursday, 21 June 18
ROBUST ASIAN THERMAL COAL DEMAND CREATES OPPORTUNITIES FOR AUSTRALIA - MINERALS COUNCIL OF AUSTRALIA
 Minerals Council of Australia reported, Australia’s world-class coal mining industry can create more jobs in Australia and strengthen the economy by meeting expected strong Asian demand for thermal coal over the next decade and beyond.
A report on the demand outlook for thermal coal in our region – prepared for the Minerals Council of Australia (MCA) and the COAL21 Fund by expert industry analysts Commodity Insights – has forecast strong appetite for thermal (energy) coal across existing and emerging Asian markets between now and 2030.
According to Minerals Council of Australia , strong electricity demand growth in Southeast Asia and India driven by industrialisation and urbanisation, use of high efficiency low emission (HELE) coal technology and solid population growth will drive a potential 400 million tonne (Mt) increase in annual demand by 2030.
Most of this growth is expected from countries that are existing customers of Australia’s high-quality coal, including Japan, China, Taiwan and Korea, as well as newer buyers such as Vietnam, the Philippines and Thailand.
The report’s main points include:
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Asian thermal coal import demand is expected to grow over 400Mt over the period (or double Australia’s total 2017 thermal coal exports of 200Mt ) from 740Mt in 2017 to 1147Mt in 2030
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Demand growth is evenly spread across the region, with all countries except Japan increasing imports across the period and growth in Chinese demand remaining relatively flat
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An increase in coal’s share in the power generation mix in large parts of Southeast Asia will help countries diversify beyond gas and hydro power
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Imports by India will also increase, yet forecast domestic production will not be able to keep pace with demand growth, especially for coal-fired power plants built away from the domestic production centres
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Thermal coal supply may tighten due to Indonesia commissioning a significant volume of new coal-fired capacity over the next decade, which will potentially divert large volumes from the export market to domestic use in Indonesia.
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Australian coal is ideally placed to meet this growing demand from Asian customers because of its high quality – reducing emissions when compared to lower-quality coal from other exporters – and supplier reliability. We are also close to key markets and have good infrastructure availability.
The report also highlights challenges, including the need for Australia to add or expand mines and infrastructure, particularly rail, in a timely fashion to support this growth.
Approval processes for new mines are long and costly and involve numerous stakeholders and levels of government. The report notes that: ‘The sheer volume of red and green tape is extremely onerous, and possibly out of balance with other jurisdictions.’
Better policy settings would help the industry grow to meet the expected demand increase and deliver continued benefits to Australians, such as large royalty payments to taxpayers in NSW and Queensland.
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Thursday, 21 June 18
CHINESE REDUCED COAL IMPORT RESTRICTIONS - CAIXIN GLOBAL
Caixin Global reported that the Chinese government has reduced restrictions on coal imports at the nation’s major ports in response to concer ...
Thursday, 21 June 18
INDIAN GOVERNMENT ADMITS COAL SHORTAGE, ASKS DISCOMS TO IMPORT - TIMES OF INDIA
Times of India reported that the power ministry has advised all state governments and private power distribution companies to import coal as Coal I ...
Tuesday, 19 June 18
WCA RESPONDS TO BP STATISTICAL REVIEW OF WORLD ENERGY 2018
Responding to BP’s Statistical Review of World Energy 2018, Benjamin Sporton, Chief Executive of the World Coal Association (WCA) said, &ldqu ...
Wednesday, 13 June 18
U.S. COAL PRODUCTION TO DECLINE BY 2% TO 756 MILLION SHORT TONS MMST IN 2018 - EIA
EIA forecasts U.S. coal production to decline by 2% to 756 million short tons (MMst) in 2018.
According to EIA's Short-Term Ener ...
Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
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Showing 1696 to 1700 news of total 6871 |
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- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Electricity Generating Authority of Thailand
- GVK Power & Infra Limited - India
- Alfred C Toepfer International GmbH - Germany
- Savvy Resources Ltd - HongKong
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bhoruka Overseas - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Australian Coal Association
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- LBH Netherlands Bv - Netherlands
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Interocean Group of Companies - India
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coal and Oil Company - UAE
- Jindal Steel & Power Ltd - India
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- Lanco Infratech Ltd - India
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Central Electricity Authority - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Independent Power Producers Association of India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Formosa Plastics Group - Taiwan
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Essar Steel Hazira Ltd - India
- White Energy Company Limited
- Carbofer General Trading SA - India
- Parry Sugars Refinery, India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Posco Energy - South Korea
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Cement Manufacturers Association - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Sinarmas Energy and Mining - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Vizag Seaport Private Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Aditya Birla Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
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