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Wednesday, 26 August 20
PENDING SOUTH KOREA LEGISLATION COULD FORCE HALT TO COUNTRY’S COAL PLANT EXPORT DEALS - KOREA ECONOMIC DAILY
South Korea’s parliament looks set to pass new legislation to ban financing on foreign coal power projects, putting all overseas coal-fired plant deals under way at risk of being scrapped.
Late last month, four lawmakers from the ruling Democratic Party proposed a set of bills, aimed at prohibiting utility Korea Electric Power Corp. (KEPCO), two state-run Korean banks and the state trade insurance provider from financing foreign coal projects.
The draft bills concerning KEPCO, Korea Development Bank, Export-Import Bank of Korea (Korea EXIM) and Korea Trade Insurance Corp. are very likely to pass at the ruling party-controlled National Assembly next month.
Under the proposed bills, the four state-run entities will be prohibited from participating in the construction and operation of coal-fired power plants abroad, as well as extending the life of existing plants. After passing through the National Assembly’s regular session, the bills will take effect immediately.
South Korea is the world’s No. 2 coal power plant exporter in terms of orders received, winning $5.8 billion worth of orders between January 2013 and July 2020, according to EndCoal. China is the biggest coal power plant exporter for orders of $50 billion, nearly 10 times more than South Korea.
But the new legislation may herald the collapse of the relevant industry in Korea. In particular, Doosan Heavy would be hard hit by a ban on the country’s financing of overseas coal plants, as this accounts for half of its overseas business. The company has already suffered from the South Korean government’s policy to phase out nuclear power.
Source: The Korea Economic Daily
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Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...
Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize
The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...
Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...
Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections
BP’s a ...
Wednesday, 15 July 20
CHINA'S JUNE COAL IMPORTS FALL 6.7% Y/Y ON PORT CURBS - REUTERS
China’s coal imports dropped 6.7% in June from the same period last year, as stringent import restrictions at ports impeded purchases by trad ...
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- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- GAC Shipping (India) Pvt Ltd
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- India Bulls Power Limited - India
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Africa Commodities Group - South Africa
- Economic Council, Georgia
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Electricity Generating Authority of Thailand
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Straits Asia Resources Limited - Singapore
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Bukit Baiduri Energy - Indonesia
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Parry Sugars Refinery, India
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- South Luzon Thermal Energy Corporation
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- SMC Global Power, Philippines
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Metalloyd Limited - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CNBM International Corporation - China
- Wood Mackenzie - Singapore
- Australian Coal Association
- Borneo Indobara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Kideco Jaya Agung - Indonesia
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- European Bulk Services B.V. - Netherlands
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- The University of Queensland
- LBH Netherlands Bv - Netherlands
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Therma Luzon, Inc, Philippines
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Xindia Steels Limited - India
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
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