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Monday, 11 October 21
COAL ABANDONMENT IN POWER GENERATION PROMOTED GAS DEMAND GROWTH IN EUROPE - TOP MANAGER: TASS
Accelerated abandonment of coal in power generation and the overall recovery of economic activity facilitated gas demand growth in Europe and led to the price rally, CEO of Gazprom Export Elena Burmistrova said on Thursday.
“Gas demand growth was promoted not merely by the overall recovery of the economic situation and power consumption but also to accelerated abandonment of coal in power generation, supported by emission quotas becoming more expensive, and by decline in generation at wind and hydropower facilities,” she said.
The shortage caused by redirection of LNG supplies to Asian markets at higher prices also contributed to the gas price spike in Europe, Burmistrova said. “Significant volumes of LNG departed to more attractive Asian markets, where gas lately has been much more expensive than in Europe owing to the ‘Asian premium.’ The thesis that Russian pipeline gas merely increases dependence on a single supplier, unlike more flexible LNG, was promoted in Europe for many years in succession. However, market realities evidence at present that the ‘flexible’ gas voted for the dollar and left to premium markets, actually leaving Europe alone to face its current problems,” the top manager added.
Source: TASS
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Wednesday, 13 October 21
MARKET INSIGHT - INTERMODAL
Following up on our insight on May 2021, where we discussed about the Capesize market outlook for the second half of the year, we are pleased to se ...
Wednesday, 13 October 21
FBX INDEX: THE IMPOSSIBILITY OF SHORT-TERM FORECASTING - LARS JENSEN
Will freight rates on Asia-Europe or the Transpacific reach 40.000 USD/FFE in the run-up prior to Chinese New Year 2022? Or will they start droppin ...
Wednesday, 13 October 21
CHINA FLOODS: COAL PRICE HITS FRESH HIGH AS MINES SHUT - BBC
The price of coal used in China’s power plants has surged to a new record high as another of the country’s key mining regions is hit by ...
Tuesday, 12 October 21
BUMA SIGNS CONDITIONAL AGREEMENT FOR AUSTRALIAN ASSET ACQUISITION
PT Tbk. announced that its subsidiary, PT Bukit Makmur Mandiri Utama, through its newly incorporated Australian subsidiary, BUMA International Pty ...
Tuesday, 12 October 21
INDONESIA'S COAL-BASED POWER PLANTS ARE SUBJECT TO CARBON TAX NEXT YEAR, ELECTRICITY COSTS COULD RISE! - CNBC
The Indonesian government is planning plans to implement a carbon tax of IDR 30 per kilogram (kg) of carbon dioxide equivalent (CO2e) or equivalent ...
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- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Anglo American - United Kingdom
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Edison Trading Spa - Italy
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Orica Australia Pty. Ltd.
- Holcim Trading Pte Ltd - Singapore
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- New Zealand Coal & Carbon
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bhatia International Limited - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Kobexindo Tractors - Indoneisa
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Riau Bara Harum - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- PTC India Limited - India
- Semirara Mining and Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- London Commodity Brokers - England
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- Antam Resourcindo - Indonesia
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Sindya Power Generating Company Private Ltd
- Bayan Resources Tbk. - Indonesia
- OPG Power Generation Pvt Ltd - India
- Attock Cement Pakistan Limited
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Central Electricity Authority - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Krishnapatnam Port Company Ltd. - India
- Toyota Tsusho Corporation, Japan
- The University of Queensland
- Indian Oil Corporation Limited
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Deloitte Consulting - India
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- Parliament of New Zealand
- White Energy Company Limited
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Salva Resources Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- Medco Energi Mining Internasional
- Essar Steel Hazira Ltd - India
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- Wilmar Investment Holdings
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- IHS Mccloskey Coal Group - USA
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
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