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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 period is unprecedented in IEA records, which go back as far as 1971, said IEA in its latest Coal 2020 report.
IEA report furhter noted that, Based on the assumption of a global economic recovery in 2021, we expect both electricity demand and industrial output to increase. As a result, we forecast a rebound in global coal demand of 2.6%, led by China, India and Southeast Asia. Higher natural gas prices and electricity demand are set to slow the structural decline of coal use in the European Union and the United States, which both might see their coal consumption grow for the first time in nearly a decade.
According to IEA, by 2025, global coal demand is forecast to flatten out at around 7.4 billion tonnes. Trends are expected to vary by region over the next five years. In Europe and North America, coal continues its decline after a temporary uptick in 2021. Given that the combined coal consumption of the European Union and the United States now represents around 10% of global coal use, further declines in those markets will have a limited effect at a global level. In China, coal demand is reaching a plateau, although our 2025 forecast will need to be reviewed following the release of the Chinese government’s 14th Five-Year Plan. China’s pledge of reaching carbon neutrality before 2060 requires a long-term roadmap to enable the smooth transition of an economy which consumes 4 billion tonnes of coal each year.
India and some other countries in South and Southeast Asia are forecast to increase coal use through 2025 as industrial production expands and new coal-fired capacity is built. In India, however, the demand outlook to 2025 is considerably lower than it was a year ago as a result of the pandemic. By 2025, ASEAN will become the third-largest coal-consuming region, surpassing the United States and the European Union.
In 2020, some countries made pledges that involve reducing coal use in the coming years (Korea, Japan), downsizing planned coal expansion (Viet Nam, Bangladesh, Philippines), and cancelling plans for coal development (Egypt).
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Sunday, 18 April 21
INDONESIA LIKELY TO WITNESS 119 OIL AND GAS PROJECTS STARTS ACROSS VALUE CHAIN BY 2025, SAYS GLOBALDATA
Indonesia is expected to witness 119 oil and gas projects commencing their operations across value chain during 2021-2025, accounting for 6% of the ...
Sunday, 18 April 21
WORLDSTEEL RAISES 2021 STEEL DEMAND GROWTH FORECAST TO 5.8% - WORLDSTEEL
The World Steel Association (worldsteel) today released its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that steel demand wil ...
Sunday, 18 April 21
CHINA'S Q1 COAL OUTPUT RISES 16% ON STRONG DEMAND FOR WINTER HEATING - REUTERS
China’s coal output rose 16% in the first quarter from the same period last year, bolstered by strong demand for winter heating and robust in ...
Wednesday, 14 April 21
INDIA HAS A RECORD LEVEL OF STOCKPILED COAL DAMPENING NEED FOR NEW DOMESTIC MINES - IEEFA
Proposed coal mining expansions at odds with excess supply
India has stockpiled a record 132 million tonnes of coal – enough t ...
Wednesday, 14 April 21
BANGLADESH NEEDS A RENEWABLES FOCUS, NOT A SWITCH FROM 'COAL TO GAS' - IEEFA
Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations
The emerg ...
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- Kaltim Prima Coal - Indonesia
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Neyveli Lignite Corporation Ltd, - India
- Jaiprakash Power Ventures ltd
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Minerals Council of Australia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
- Meenaskhi Energy Private Limited - India
- Banpu Public Company Limited - Thailand
- Bhatia International Limited - India
- Essar Steel Hazira Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Krishnapatnam Port Company Ltd. - India
- CIMB Investment Bank - Malaysia
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Interocean Group of Companies - India
- Georgia Ports Authority, United States
- OPG Power Generation Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Videocon Industries ltd - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- GVK Power & Infra Limited - India
- Ind-Barath Power Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- GMR Energy Limited - India
- Xindia Steels Limited - India
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Independent Power Producers Association of India
- Thiess Contractors Indonesia
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Manunggal Multi Energi - Indonesia
- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Agrawal Coal Company - India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Romanian Commodities Exchange
- ASAPP Information Group - India
- Posco Energy - South Korea
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Karbindo Abesyapradhi - Indoneisa
- TNB Fuel Sdn Bhd - Malaysia
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Sojitz Corporation - Japan
- Asmin Koalindo Tuhup - Indonesia
- Central Java Power - Indonesia
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Wood Mackenzie - Singapore
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Marubeni Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Samtan Co., Ltd - South Korea
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Australian Coal Association
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