We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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.
|
|
Tuesday, 23 August 22
SHIPPING INDUSTRY TO REMOVE THE INDIAN OCEAN HIGH RISK AREA - BIMCO
After more than a decade of effective threat-reducing counter-piracy operations the shipping industry has removed the ‘Indian Ocean High Risk ...
Tuesday, 23 August 22
SHIPPING: GLOBAL TAX REFORM - WATSON FARLEY & WILLIAMS
OECD rules designed to implement a global minimum corporate tax rate for very large multinational groups have now been published and are expected t ...
Tuesday, 23 August 22
PARTIES CONCLUDE JOINT R&D AGREEMENT FOR WORLD’S FIRST AMMONIA FLOATING STORAGE AND REGASIFICATION BARGE CONTRIBUTING TO PROMOTING THE EARLY INTRODUCTION OF AMMONIA FUEL - NYK
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) signed a joint research and development agreement for the commercializ ...
Monday, 22 August 22
INDONESIAN GOVERNMENT IMPOSED ON NEW PROGRESSIVE ROYALTIES FOR COAL
Indonesian President Joko Widodo has signed a Government Regulation (Number 26 of 2022) on 15 August 2022 related to the progressive royalty rates ...
Monday, 22 August 22
CHINA'S JULY RUSSIAN COAL IMPORTS HIT 5-YR HIGH AS WEST SHUNS MOSCOW - REUTERS
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted c ...
|
|
|
Showing 251 to 255 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Gujarat Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Rio Tinto Coal - Australia
- Pendopo Energi Batubara - Indonesia
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Ministry of Mines - Canada
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Bulk Trading Sa - Switzerland
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- The Treasury - Australian Government
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- OPG Power Generation Pvt Ltd - India
- Georgia Ports Authority, United States
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Gujarat Sidhee Cement - India
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Sree Jayajothi Cements Limited - India
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Bharathi Cement Corporation - India
- Makarim & Taira - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Kaltim Prima Coal - Indonesia
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- The University of Queensland
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- McConnell Dowell - Australia
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Port Waratah Coal Services - Australia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Medco Energi Mining Internasional
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Petrochimia International Co. Ltd.- Taiwan
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Australian Coal Association
- GVK Power & Infra Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Antam Resourcindo - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Electricity Authority, New Zealand
- Indogreen Group - Indonesia
- Thiess Contractors Indonesia
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
|
| |
| |
|
