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
Wednesday, 12 February 20
CHANGES IN LNG MARKET COULD UNDERCUT PLANS FOR NEW JAPANESE COAL PLANTS - CLYDE RUSSELL
Reuters: Clyde Russell
 
The collapse in the spot price of liquefied natural gas (LNG) in Asia is a short-term phenomenon that may well end up having a longer-term impact, especially on thermal coal.
 
The spot price dropped to $2.95 per million British thermal units (mmBtu) for the week ended Feb. 7, the lowest price in records stretching back to 2010. It has lost 57% of its value since the pre-winter peak of $6.80 per mmBtu in mid-October, and is down 74% from the peak price in 2018 and 86% from the all-time high from February 2014.
 
While it’s unlikely that spot LNG prices will stay at the current depressed levels indefinitely, the trend toward structurally lower prices appears sustainable. There is still no shortage of LNG projects being built, with 17 million tonnes of capacity due to be commissioned this year alone, and considerably more likely in the next five years, as projects from Russia to East Africa start to come online.
 
This supply surge is likely to have two impacts on prices. Firstly, it will ensure that spot prices remain under downward pressure, and secondly, it will likely accelerate the shift away from long-term, oil-linked contracts to shorter-term, more flexibly priced deals.
 
This change in the way LNG is priced should give pause for considerable thought to any would-be developers of thermal coal power projects based on imported fuel in Asia, especially Japan. As a country that relies on imports for virtually all its energy, Japan has long prioritized security of supply and diversity in its energy mix. But perhaps the sands have shifted enough to lead to a re-think.
 
It would in all likelihood be possible to sign long-term or medium-term LNG supply pacts that are not linked to the price of crude oil, but rather to other instruments such as U.S. Henry Hub natural gas, or European gas prices, or even seaborne thermal coal costs. This could give Japan the security of supply it desires, but virtually eliminate the problem LNG has always had, its high cost relative to thermal coal.
Source: IEEFA | Reuters


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

Recent News

Monday, 24 June 24
PHILIPPINES COAL SUPPLY ENOUGH UNTIL 2030 - PHILSTAR GLOBAL
The country’s existing coal-fired power plants are sufficient to ensure enough base load capacity in the next six years, Energy Secretary Rap ...


Friday, 14 June 24
NEXTDECADE, SAUDI ARAMCO SIGN 20-YEAR LNG SUPPLY DEAL - REUTERS
U.S. liquefied natural gas (LNG) provider NextDecade has signed a non-binding agreement with Saudi Aramco 2222.SE to supply 1.2 million tonnes per ...


Friday, 14 June 24
NEWBUILDING PRICES CLIMB 3% TO HIGHEST LEVEL IN 16 YEARS - NIELS RASMUSSEN
“Since the start of the year, newbuilding prices have risen 3% to their highest level since 2008. Compared to their most recent low in late 2 ...


Friday, 14 June 24
INDIA TARGETS HIGHER DOMESTIC COAL PRODUCTION, REDUCED IMPORTS: GOVT - REUTERS
India wants to reduce coal imports and increase domestic production, federal coal minister G. Kishan Reddy said on Thursday.   The cou ...


Thursday, 13 June 24
US LNG TO ASIA FOR POWER GENERATION EXPECTED TO CUT EMISSIONS VERSUS COAL - RYSTAD ENERGY
The value-chain emissions of liquified natural gas (LNG) are lower on average than for coal-fired power generation, even when the fuel is shipp ...


   2 3 4 5 6   
Showing 16 to 20 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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