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Sunday, 30 December 18
MAJOR LNG BUYERS' UNCONTRACTED DEMAND TO QUADRUPLE BY 2030 - WOOD MACKENZIE
 Wood Mackenzie’s latest research reveals that uncontracted demand by the world’s seven largest LNG buyers could quadruple to 80 million tonnes per annum (mmtpa) by 2030.
The major LNG buyers – CNOOC, CPC, JERA, KOGAS, PetroChina, Sinopec and Tokyo Gas – together account for more than 50% of the global LNG market.
After a number of quiet years, these Northeast Asian players have become active again in global LNG contracting activity, with over 16 mmtpa of contracts announced this year.
“As China pushes on towards a lower-emission economy, its demand for gas and LNG has grown significantly and we expect the trend to continue in the longer term,” said research director, Nicholas Browne.
“Other traditional major buyers, on the other hand, are facing legacy contract expiries and will be on the hunt for a mix of contracts to lower average costs and security in supply sources,” he added.
On the supply front, Wood Mackenzie predicts that 2019 could be a record year for LNG project sanctions with over 220 mmtpa of gas targeting final investment decision (FID). Some of the less prepared or competitive projects will slip into 2020 and beyond, but nonetheless a bumper year beckons.
Frontrunners to get the green light include the US$27 billion Arctic LNG-2 in Russia, at least one project in Mozambique and three in the US. Nearer to Asia, expansion and backfill projects in Australia and Papua New Guinea will also be in the running.
However, LNG suppliers will need to ensure they can meet the changing needs of major LNG buyers as they seek a variety of contracts to meet their different needs. In addition to price, factors such as contract flexibility, index, source diversification, upstream participation and seasonality will all be considerations.
“Market liberalisation and uncertainty on longer-term demand in more mature markets, such as Japan, South Korea and Taiwan, will mean more room for spot and short-term purchases,” Browne said.
“While oil indexation will continue to dominate markets due to familiarity and ability to hedge, Asian buyers should be more inclined towards hub indexation to boost diversity and enable sales into Europe.”
Browne added: “Looking forward, 2019 will be the biggest year ever, in terms of LNG capacity sanctioned, for liquefaction project FIDs. Asia’s major buyers will be at the forefront in ensuring this next generation of LNG supply is brought to market.”
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Thursday, 02 January 20
SULPHUR 2020 COMPENDIUM - HOW ARE INDIVIDUAL PORT STATES EXPECTED TO REACT? - STANDARD CLUB
KNOWLEDGE TO ELEVATE
With the new sulphur limits soon to be in force, Standard Club has been investigating the ways in which certain jurisdict ...
Monday, 30 December 19
AUSTRALIAN MINERS HIT BY LOWEST THERMAL COAL PRICE IN MORE THAN A DECADE - THE GUARDIAN
Australian coal exporters have experienced the biggest annual drop in thermal coal prices in more than a decade during 2019, raising doubts about i ...
Monday, 30 December 19
INDIA'S COAL IMPORTS RISE 4% TO 161.43 MT IN APRIL-NOVEMBER 2019 - PTI
The country’s coal imports registered an increase of 4.4 per cent to 161.43 million tonnes (MT) in the April-November period of the ongoing f ...
Sunday, 29 December 19
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
Sunday, 29 December 19
IMO 2020 COMPLIANCE: IT'S UP TO US TO BE GOOD CITIZENS - IBIA
One of the concerns around implementation of the 0.50% sulphur limit has been, and continues to be, the need for effective enforcement to ensure a ...
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Showing 1216 to 1220 news of total 6871 |
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- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Global Green Power PLC Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Indika Energy - Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Central Java Power - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Global Business Power Corporation, Philippines
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- OPG Power Generation Pvt Ltd - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- SMG Consultants - Indonesia
- Kartika Selabumi Mining - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Africa Commodities Group - South Africa
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- Economic Council, Georgia
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Aboitiz Power Corporation - Philippines
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Kaltim Prima Coal - Indonesia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- The State Trading Corporation of India Ltd
- Medco Energi Mining Internasional
- Vijayanagar Sugar Pvt Ltd - India
- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Kepco SPC Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Anglo American - United Kingdom
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Iligan Light & Power Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- White Energy Company Limited
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- CIMB Investment Bank - Malaysia
- Parry Sugars Refinery, India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement - Thailand
- Coalindo Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- CNBM International Corporation - China
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
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