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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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Saturday, 01 August 20
ASIA HOPE FOR LONG-TERM OIL DEMAND - BALTIC BRIEFING
Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth over t ...
Friday, 31 July 20
SHORT-TERM IMPACT ON THE CHEMICAL SHIPPING MARKET IF THE INDIA-CHINA DISPUTE ESCALATES - DREWRY
Due to the India-China dispute, the threat of deteriorating trade relations between the two countries has become real. Meanwhile, we expect freight ...
Friday, 31 July 20
PANAMAX: THE PERIOD MARKET REMAINS QUIET WITH FEW FIXTURES REPORTED - FEARNLEYS
Capesize
After weeks of dropping rates, there are finally some resistance for the Capes. Pacific rounds improving to upper15,000s by the middle ...
Friday, 31 July 20
PANDEMIC SENDING SOUTH AFRICAN COAL INDUSTRY TO EARLIER GRAVE - IEEFA
Could South Africa’s coal export industry, one of the largest in the world, be about to take a severe hit from the coronavirus?
...
Friday, 31 July 20
BOTSWANA PLANS MORE COAL-FIRED POWER AS AFRICAN SOLAR ACCELERATES - IEEFA
An African economic leader like Botswana should embrace solar to reduce subsidies and tariff hikes
As Sub-Saharan solar ambition has ...
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- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Latin American Coal - Colombia
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- Posco Energy - South Korea
- Central Electricity Authority - India
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- TeaM Sual Corporation - Philippines
- Independent Power Producers Association of India
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Ambuja Cements Ltd - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Standard Chartered Bank - UAE
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Wilmar Investment Holdings
- Kepco SPC Power Corporation, Philippines
- Rio Tinto Coal - Australia
- GVK Power & Infra Limited - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- ICICI Bank Limited - India
- The University of Queensland
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Coalindo Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
- CIMB Investment Bank - Malaysia
- Thai Mozambique Logistica
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- Larsen & Toubro Limited - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Mjunction Services Limited - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Uttam Galva Steels Limited - India
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Agrawal Coal Company - India
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Planning Commission, India
- Chamber of Mines of South Africa
- London Commodity Brokers - England
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- PNOC Exploration Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Petron Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Price Waterhouse Coopers - Russia
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Central Java Power - Indonesia
- Eastern Coal Council - USA
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