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Saturday, 05 September 20
POLISH COAL DEMAND EXPECTED TO FALL BY 7 MLN TONNES NEXT YEAR: MINISTER - REUTERS
 Poland’s demand for coal is expected to fall by around 7 million tonnes next year, or more than 10% of annual hard coal production, after a drop in demand for electricity, Deputy Minister of State Assets Artur Sobon said on Friday.
Poland generates most of its electricity from burning coal, which has become costly due to rising prices of carbon emission permits. The industry has also struggled with falling demand for coal, which accelerated during the COVID-19 lockdown because the country used less power.
“The situation in coal mining is not easy … We have a fall in electricity production and a fall in production of electricity from coal. We should expect that this is a sustained trend,” Sobon said during a discussion panel on energy transformation during the European Economic Congress in Katowice, the heart of Poland’s coal region.
He said data provided by power stations showed that next year demand for coal would likely shrink by around 7 million tonnes.
Speaking at the same panel, Tomasz Rogala, chief executive at Poland’s biggest coal producer, state-run PGG, said the group had to adjust its output to the demand from Polish utilities, as it would not find new markets for its products.
PGG produces around 30 million tonnes of coal a year, but its output is expected to drop this year due to falling demand and the COVID-19 pandemic.
The company’s management prepared a restructuring plan, which assumed the closure of two of its coal mines, but the proposal was rejected by the trade unions in July. Since then, the government, PGG and unions have been working on a new restructuring scheme.
“The biggest challenge today is to design this change in such a way that it is as acceptable as possible,” Rogala said, adding that figures reflecting the market trends could not be ignored.
Source: Reuters (Reporting by Agnieszka Barteczko; Editing by Mark Potter)
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Monday, 21 December 20
COAL'S PARTIAL RECOVERY IS SET TO FADE AFTER 2021 - IEA
Global coal consumption is estimated to have fallen by 7%, or over 500 million tonnes, between 2018 in 2020. A decline of this size over a two-year ...
Monday, 21 December 20
A REBOUND IN GLOBAL COAL DEMAND IN 2021 IS SET TO BE SHORT-LIVED, BUT NO IMMEDIATE DECLINE IN SIGHT - IEA
After a major drop in recent years, global coal demand is forecast to rise by 2.6% in 2021 before flattening out to 2025
A global ec ...
Friday, 18 December 20
AUSTRALIA PM WARNS OF ‘LOSE-LOSE’ IN ANY CHINA COAL SHIFT - REUTERS
Australian Prime Minister Scott Morrison said any shift by China away from importing high quality Australian coal would be a “lose-lose&rdquo ...
Friday, 18 December 20
BIG OIL AND COAL EXPORTERS FACE RECKONING AS PARIS AGREEMENT TURNS FIVE - CNA
On Dec 12, more than 70 global leaders came together at the UN’s Climate Ambition Summit, marking the fifth anniversary of the Paris Agreemen ...
Friday, 18 December 20
SOUTH AFRICAN COAL EXPORTERS LARGELY DEPENDENT ON THE ASIAN MARKETS - BANCHERO COSTA
South Africa is the fourth largest exporter of coal in the world, after Australia, Indonesia and Russia. In calendar 2019 the country exported a to ...
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- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Altura Mining Limited, Indonesia
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Toyota Tsusho Corporation, Japan
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Economic Council, Georgia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- PNOC Exploration Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Siam City Cement - Thailand
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Semirara Mining Corp, Philippines
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Wood Mackenzie - Singapore
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Commonwealth Bank - Australia
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
- Rio Tinto Coal - Australia
- Posco Energy - South Korea
- Karaikal Port Pvt Ltd - India
- Medco Energi Mining Internasional
- Asmin Koalindo Tuhup - Indonesia
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- Latin American Coal - Colombia
- Orica Mining Services - Indonesia
- New Zealand Coal & Carbon
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- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
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- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
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- GMR Energy Limited - India
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Transport, Egypt
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- The University of Queensland
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Standard Chartered Bank - UAE
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Indonesian Coal Mining Association
- McConnell Dowell - Australia
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- Orica Australia Pty. Ltd.
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Madhucon Powers Ltd - India
- Planning Commission, India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Chamber of Mines of South Africa
- VISA Power Limited - India
- MS Steel International - UAE
- Billiton Holdings Pty Ltd - Australia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
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