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Tuesday, 22 December 20
AFRICA PERSPECTIVE INDICATES NO MAJOR SHIFTS FOR COAL CONSUMPTION - IEA
 Overall countries on the African continent consumed 197 Mt of coal in 2019, 12 Mt less (-6%) than 2018.
South Africa, the continent’s primary coal consumer, accounted for most of this decline. While coal consumption for power generation in South Africa decreased 2.7%, non-power thermal coal consumption dropped by 11%. Sasol Limited used 2.5 Mt less coal to produce synfuel and a variety of chemicals. The distressed state of the construction sector and reduced spending on infrastructure also resulted in lower coal consumption by cement and brick producers in South Africa.
The decline in South Africa’s coal consumption is expected to continue throughout 2020 as a result of the Covid-19 pandemic and load-shedding due to poor coal plant performance. Demand will not recover by 2025 and is expected to remain below 200 Mt, in spite of the second unit (800 MW) of the 4 800 MW Kusile power plant having started commercial operations in October 2020 (other units will come online later). South Africa’s GDP is expected to contract severely (by 8%) in 2020 and to recover only mildly (by around 3%) in 2021. Consequently, South Africa’s power generation (especially coal-fired) and non-power coal consumption are expected to remain subdued through 2021.
In addition, Eskom, South Africa’s largest utility, remains in a difficult financial and operational situation while South Africa has recently suffered frequent power cuts, as its two massive coal-fired power plants – Medupi power station at Limpopo (4.8 GW) and the Kusile power plant at Mpumalanga (4.8 GW) – are still having technical complications.
After a surge of around 35% in 2019 with introduction of the new 1.4 GW Safi power station, Morocco’s coal consumption is expected to remain at 9 Mt per year in 2020 and 2021. In 2020, Morocco’s National Office for Electricity and Drinking Water extended its power purchase agreement for the 2 GW Jorf Lasfar power plant, which provides 40% of Morocco’s electricity generation. No other projects are currently under development, as Nador coal power project has not reported further progress.
In Egypt, the Ministry of Electricity and Renewables cancelled plans for construction of the Hamrawein plant, thereby prospects for increased imports have vanished. Cement kilns and steel production will get back to 2019 consumption levels once recovered from the big drop in 2020.
Some other coal-fired generation projects, such as the 300 MW KP1 plant in Botswana and the 300 MW Mbeya plant in Tanzania are proceeding after minor reorganisations and licence updates. In Zimbabwe, 8 GW of coal power generation capacity in different projects have been announced, but there is no clarity about how they can progress.
Source: COAL 2020, IEA
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Wednesday, 16 December 20
INDONESIAN COAL RECOVERING - FITCH
Commenting on Indonesian coal, Fitch Ratings, the Indonesian 4,200 kcal index has begun to recover, improving to over USD 29 in November compared t ...
Tuesday, 15 December 20
NEWCASTLE PRICES RECOVER - FITCH
Prices for the benchmark Newcastle 6,000 kcal/kg grade coal have rebounded to over USD 70/tonne since late November as major Asian economies ease l ...
Tuesday, 15 December 20
APAC COAL PRICES REBOUND ON IMPROVED DEMAND AND SUPPLY CUTS - FITCH RATINGS
Prices for the benchmark Newcastle 6,000kcal/kg grade coal have rebounded to over USD70/tonne since late November as major Asian economies ease loc ...
Tuesday, 15 December 20
CHINA EXTENDS FULL OPEN GESTURE TO IMPORTED COAL EXCEPT FOR AUSTRALIA - GLOBAL TIMES
Domestic, overseas suppliers will take up share with easier clearance
China's top economic planner on Saturday gave approval to ...
Monday, 14 December 20
PHILIPPINE BANK RCBC TO STOP LENDING FOR NEW COAL-FIRED POWER PROJECTS - MANILA BULLETIN
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power ...
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- Marubeni Corporation - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Sarangani Energy Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Semirara Mining Corp, Philippines
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- SMC Global Power, Philippines
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Thiess Contractors Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Georgia Ports Authority, United States
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Heidelberg Cement - Germany
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Petrochimia International Co. Ltd.- Taiwan
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Mintek Dendrill Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kumho Petrochemical, South Korea
- GAC Shipping (India) Pvt Ltd
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Wood Mackenzie - Singapore
- The University of Queensland
- Globalindo Alam Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- TNB Fuel Sdn Bhd - Malaysia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Singapore Mercantile Exchange
- Merrill Lynch Commodities Europe
- Australian Coal Association
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Thai Mozambique Logistica
- International Coal Ventures Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Toyota Tsusho Corporation, Japan
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Edison Trading Spa - Italy
- Energy Development Corp, Philippines
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