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

Wednesday, 20 October 21
CHINA COAL HITS RECORD HIGH AMID TIGHT SUPPLIES - REUTERS
China coal prices hit a record high on Tuesday buoyed by a widening power crunch and cold weather despite Beijing’s efforts to bolster supply ...


Wednesday, 20 October 21
MARKET INSIGHT - INTERMODAL
IMO 2020, Ballast Water Treatment regulations, Green Recycling, GHG emissions, EEXI, CII, ETS, Fit for 55, Carbon price/levy, the Poseidon Principl ...


Tuesday, 19 October 21
SPONGE IRON SECTOR MIGHT REPORT NEGATIVE GROWTH DUE TO COAL CRISIS: SIMA - PTI
The domestic sponge iron industry might report a negative growth in the ongoing December quarter “if the shortage of coal is allowed to conti ...


Tuesday, 19 October 21
COAL INDIA, THE FALL GUY FOR POWER CRISIS - INDIA EXPRESS
The post-Covid economic recovery has led to a major increase in the demand for power, both in India and globally. In India, coal-based power plants ...


Saturday, 16 October 21
SOLAR INSTALLATION SURGE PUTS INDIA ON TRACK TO CAP COAL-FIRED POWER AS EARLY AS 2024 - IEEFA
Recent increase in solar power installations could push coal to peak sooner than expected   If India keeps installing solar capacity a ...


   88 89 90 91 92   
Showing 446 to 450 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 ...

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