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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, 06 June 20
KOREA SOUTH-EAST POWER CO INVITED COAL BIDS FOR MIN 5600 NCV COAL
COALspot.com: South Korea’s KOREA SOUTH-EAST POWER CO., LTD. (KOEN) has issued an international tender for 270,000 Tons (MT) min. 5600 NCV co ...
Friday, 05 June 20
COAL INDIA ESTIMATES PRODUCTION GROWTH BY OVERBURDEN REMOVAL - FINANCIAL EXPRESS
PSU miner Coal India (CIL) has now limited mining only to Overburden Removal (OBR) with falling demand of coal. The mining behemoth is now keeping ...
Friday, 05 June 20
U.S. SANCTIONS COMPLIANCE GUIDANCE RELEASED FOR THE GLOBAL MARITIME, ENERGY AND METALS SECTORS - AKIN GUMP
Key Points
On May 14, 2020, OFAC, the Department of State and the U.S. Coast Guard jointly released guidance for persons involved in the ma ...
Friday, 05 June 20
IN THE FIRST 5 MONTHS OF 2020 AUSTRALIA SHIPPED 6.8 MLN TONNES TO VIETNAM - BANCHERO COSTA
In the first 5 months of 2020, global seaborne coal trade declined by as much as -8% year-on-year, according to vessel tracking data from Ref ...
Thursday, 04 June 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.
The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...
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- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Siam City Cement - Thailand
- Jaiprakash Power Ventures ltd
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- Gujarat Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Planning Commission, India
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- ASAPP Information Group - India
- Pendopo Energi Batubara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- SMG Consultants - Indonesia
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Energy Development Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Indo Tambangraya Megah - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Mining Services - Indonesia
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Aditya Birla Group - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Vizag Seaport Private Limited - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Meenaskhi Energy Private Limited - India
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining Corp, Philippines
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Kumho Petrochemical, South Korea
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Bukit Makmur.PT - Indonesia
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Central Electricity Authority - India
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Bulk Trading Sa - Switzerland
- Gujarat Mineral Development Corp Ltd - India
- Bhatia International Limited - India
- Central Java Power - Indonesia
- Power Finance Corporation Ltd., India
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Global Business Power Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
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