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, 07 December 21
COAL FIRMS SEE SHARE PRICES SURGE MONDAY, AFTER GOVERNMENT READJUSTS CONTRACT PRICES - GLOBAL TIMES
Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal pric ...


Monday, 06 December 21
CHINA SETS 2022 ANNUAL THERMAL COAL PRICES AT 700 YUAN/T - MEDIA: REUTERS
China’s top economic planner has proposed to set annual thermal coal prices for 2022 at between 550 yuan and 850 yuan ($86-$133) per tonne, a ...


Thursday, 02 December 21
BUMI RECORDED US$ 666.18 MILLION AS REVENUE IN THE 3RD QUARTER, UP 13.31% YOY
PT Bumi Resources Tbk and its subsidiaries have recorded a surge in revenue in the third quarter of 2021. BUMI has recorded US$ 666.18 million as r ...


Thursday, 02 December 21
CHINA'S COAL CRUNCH IS OVER, BUT PRICES ARE STILL TOO HIGH - REUTERS
China’s coal crisis has largely been resolved with gains in both production and stockpiles sufficient to ensure power supplies over winter. ...


Wednesday, 01 December 21
2022 OUTLOOK: INDONESIAN COAL MINING - FITCH RATINGS
Fitch Ratings has a neutral outlook on the Indonesian coal sector for 2022.    Earnings generation should slow down as selling pr ...


   77 78 79 80 81   
Showing 391 to 395 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 ...

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