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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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Thursday, 17 December 20
CHINA'S BAN IS LESS OF A THREAT TO AUSTRALIA'S COAL INDUSTRY THAN INTERNATIONAL CLIMATE AMBITION - IEEFA
Australian coal exporters will survive this near-term political fight but there are longterm structural headwinds
The decision by Ch ...
Thursday, 17 December 20
BUMA SIGNED US$1.0 BILLION WORTH OF EXTENSION CONTRACT WITH BERAU COAL
PT Bukit Makmur Mandiri Utama, subsidiary of PT Delta Dunia Makmur Tbk., has extended its mining services contracts with PT Berau Coal, in relation ...
Wednesday, 16 December 20
INDONESIA 2020 COAL CONSUMPTION ESTIMATED AT 140-145 MLN TONNES - OFFICIAL, REUTERS REPORTED
Indonesia’s domestic coal consumption is estimated at 140-145 million tonnes this year, Dodik Ariyanto, an official at the energy ministry, t ...
Wednesday, 16 December 20
RUSSIA REVISES DOWN EXPORT EXPECTATION - FITCH
The Ministry of Economy of Russia, the world’s third largest thermal coal exporting country, released its annual forecasts ...
Wednesday, 16 December 20
INDIAN COAL IMPORTS TO REMAIN SUBDUED - FITCH RATINGS
Fitch Rating commented on Indian Coal Imports, Fitch said, coal imports by Indian utilities fell by about 24% yoy to 44 million tonnes (mt) i ...
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- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Eastern Energy - Thailand
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Economic Council, Georgia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Vijayanagar Sugar Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Karbindo Abesyapradhi - Indoneisa
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Anglo American - United Kingdom
- Salva Resources Pvt Ltd - India
- CNBM International Corporation - China
- Semirara Mining and Power Corporation, Philippines
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Planning Commission, India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Mercuria Energy - Indonesia
- Parliament of New Zealand
- Singapore Mercantile Exchange
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Semirara Mining Corp, Philippines
- Tata Chemicals Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- The University of Queensland
- SMC Global Power, Philippines
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Electricity Authority, New Zealand
- PowerSource Philippines DevCo
- Australian Coal Association
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- AsiaOL BioFuels Corp., Philippines
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Globalindo Alam Lestari - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- Edison Trading Spa - Italy
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Madhucon Powers Ltd - India
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Aditya Birla Group - India
- Kaltim Prima Coal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- GMR Energy Limited - India
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Indika Energy - Indonesia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Agrawal Coal Company - India
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Mining Services - Indonesia
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Baiduri Energy - Indonesia
- Indogreen Group - Indonesia
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- Vizag Seaport Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
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