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

Tuesday, 20 September 22
CHINA COAL OUTPUT UP 8.1 PCT IN AUGUST - XINHUA
China’s raw coal output posted stable expansion in August, official data showed.   The country produced 370 million tonnes of ra ...


Monday, 19 September 22
BUMA AUSTRALIA AWARDED A$400 MILLION CONTRACT EXTENSION BY BMA FOR GOONYELLA PROJECT
Press Release – PT Delta Dunia Makmur Tbk. (the "Company") announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA ...


Saturday, 17 September 22
CHINA WARNS COAL COMPANIES AGAINST DUAL CONTRACTS, KEEP PRICES STABLE - REUTERS
China’s state economic planner warned coal companies operating at ports in the Bohai Bay region to comply with their long-term contracts to k ...


Saturday, 17 September 22
IS A GLOBAL RECESSION IMMINENT? - WORLD BANK
Since the beginning of the year, a rapid deterioration of growth prospects coupled with rising inflation and tightening financing conditions, has i ...


Saturday, 17 September 22
FITCH RATINGS REVISES GLOBAL METALS & MINING PRICE ASSUMPTIONS
Fitch Ratings has revised its metals and mining price assumptions reflecting evolving economic growth expectations and demand and supply dynamics. ...


   45 46 47 48 49   
Showing 231 to 235 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 ...

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