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Wednesday, 11 November 09
INDONESIA ASKS DOMESTIC COAL FIRMS TO SET ASIDE 30PCT OF OUTPUT
Indonesian government said that it had asked domestic coal producers to set aside 30% of their output next year to meet demand from new coal fired power plants.
Mr Darwin Saleh energy minister of Indonesia told members of the House of Representatives Commission VII said that "The government needs a guaranteed coal supply to support the 10,000 MW fast track program. Therefore, all coal producers should allocate 30% of their production to the domestic market."
Mr Darwin said that domestic demand for coal in 2010 had been estimated at 65 million tonnes, of which 85% would be needed for power plants. He said the quota for domestic producers would be updated every year.
Mr Bambang Setiawan director general of coal, minerals and geothermal energy at the ministry said that the government would limit coal exports to 150 million tonnes next year.
Mr Bob Kamandanu chairman of Indonesian Coal Producers Association said that "I'm confused why the government wants a 30% quota for domestic supply next year because I don't think the domestic market could absorb that much. The association has calculated that we could produce around 270 million tonnes next year. That means 81 million tonnes would be for domestic use while demand would only be at 60 to 70 millions."
The energy ministry has forecasts that the country would produce about 230 million tonnes of coal this year. Output totaled 172 million tonnes as of the end of August 2009. About 20% or 34.7 million tonnes had gone to the domestic market.
Source: Steel Guru
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Tuesday, 22 December 09
CHINA CONTRACTED COAL PRICE FOR 2010 SEES SLIGHT INCREASE
A number of coal and power enterprises have concluded their annual power-coal supply contracts for 2010, and the contracted coal price saw slight in ...
Tuesday, 22 December 09
NEWCASTLE COAL SHIP QUEUE LONGEST IN TWO YEARS AS EXPORTS SLOW
Bloomberg reported that, the queue of coal ships waiting at Australia’s Newcastle port, the world’s biggest export harbor for the fuel, ...
Monday, 21 December 09
INDONESIA HAS EXPORTED AROUND 195.303 MILLION TONS OF COAL TILL END OF NOVEMBER 2009
COALspot.com (Indonesia): China has been the largest single buyer of Indonesian coal in November 2009, by taking 28.69% of total exported quan ...
Monday, 21 December 09
RUSSIAN COAL MINER SUEK EYES '10 LONDON IPO
* Company valued at around $8-$9 bln - banking source
* IPO could take place in H1 - source
* May list 25 pct of share capital - report
Reuters ...
Monday, 21 December 09
IGCC OUTLOOK CHINA 2010 TO BE HELD IN APRIL 2010 IN SHANGHAI
COALspot.com (China): Press Release - Aiming at unveiling the growth area of IGCC polygeneration, IGCC Outlook China 2010 is planned to be hel ...
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- Standard Chartered Bank - UAE
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- Indika Energy - Indonesia
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- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
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- Economic Council, Georgia
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- Indian Energy Exchange, India
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- Meralco Power Generation, Philippines
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- Parliament of New Zealand
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- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
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- Coal and Oil Company - UAE
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- GAC Shipping (India) Pvt Ltd
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- Merrill Lynch Commodities Europe
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- Bayan Resources Tbk. - Indonesia
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- Maharashtra Electricity Regulatory Commission - India
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- Kapuas Tunggal Persada - Indonesia
- Price Waterhouse Coopers - Russia
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
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- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
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- Planning Commission, India
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
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- Australian Commodity Traders Exchange
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- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
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- Global Business Power Corporation, Philippines
- Minerals Council of Australia
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- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Ceylon Electricity Board - Sri Lanka
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- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- MS Steel International - UAE
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- Eastern Energy - Thailand
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- IEA Clean Coal Centre - UK
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- Bhoruka Overseas - Indonesia
- Directorate Of Revenue Intelligence - India
- Xindia Steels Limited - India
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- Gujarat Electricity Regulatory Commission - India
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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