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, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...


Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions   “Energy crisis.” The phrase evokes nearly-forgotten ...


Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.    According ...


Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...


Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.   Mos ...


   90 91 92 93 94   
Showing 456 to 460 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 ...

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