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

Friday, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...


Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...


Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...


Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...


Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...


   4 5 6 7 8   
Showing 26 to 30 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 ...

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