We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
 Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unprecedented levels and global markets are buckling under the strain. Many countries are heavily reliant on imports of gas and high spot prices are making supplies unaffordable.
There is plenty of coal and gas in the world but current market volatility is crimping demand.
Gas prices haven’t gone up a little bit – they have multiplied. The increased volatility in gas prices globally is a feature that’s going to stay. There are going to be some extremely high prices and also some extremely low prices. That’s because we’re going through a total energy disruption at the moment, and with that, we’re seeing climate change responses.
Countries such as Japan have said that by 2030, they’re going to more than halve their use of LNG in their power sector. That means they will be putting supply effectively back into the market because they won’t be taking all their contracted gas.
On the other hand, there is enormous supply coming out of Qatar. It is looking to increase its LNG production by 64% by 2027. That’s a massive amount of LNG that will be coming onto the market looking for a home.
In January 2021, an IEEFA report noted that due to what was happening in the U.S., we were likely to see much higher prices this year, with prices forecast to double or even triple. That has come to pass. In the coming years we are likely to see increased volatility in prices as supply and demand struggle to find a balance.
Australia’s major clients are now looking at gas as a fuel exiting the energy system. Over time, we’re going to see them wind their way out of LNG. LNG will still form a niche fuel in terms of the need for it in manufacturing. However, gas will definitely go out of household usage in the short term and will be used less for electricity generation.
Australia has to look forward at energy sources of the future, not look backwards at energy sources of the past. Unfortunately, the country has chosen to look backwards and put all of its eggs in the ‘gas-fired recovery’ at the very time its customers are saying they don’t want the product.
This extract is from an interview IEEFA’s Bruce Robertson did with ABC’s Linda Mottram.
Source: IEEFA
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 12 August 21
ONLY 3 VLCCS SOLD FOR DEMOLITION IN 2021 AS SECONDHAND PRICES TEMPT - BIMCO
During the first seven months of 2021, only three actively trading Very Large Crude Carriers (VLCCs) have been sold for demolition. The current mar ...
Wednesday, 11 August 21
U.S: EIA EXPECTS COAL EXPORTS TO TOTAL 90 MMST IN 2021, 30% INCREASE FROM 2020
Coal production in EIA's forecast totals 607 million short tons (MMst) in 2021, an increase of 13% over 2020.
EIA is also ...
Wednesday, 11 August 21
MARKET INSIGHT - INTERMODAL
Energy is at the core of the global climate dialogue as the climate challenge is essentially an energy challenge. Policy experts around the world a ...
Tuesday, 10 August 21
34 INDONESIAN COAL COMPANIES TEMPORARILY BANNED FOR COAL EXPORTS
The Ministry of Energy and Mineral Resources (ESDM) has imposed sanctions in the form of a coal export ban for 34 coal companies as reported by CNB ...
Monday, 09 August 21
AIIB MAY OFFICIALLY END COAL FINANCING IN 2022 - CHINA DAILY
The Asian Infrastructure Investment Bank may officially rule out coal projects if it updates its energy strategy next year, after shunning funding ...
|
|
|
Showing 506 to 510 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Port Waratah Coal Services - Australia
- Miang Besar Coal Terminal - Indonesia
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Independent Power Producers Association of India
- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- OPG Power Generation Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Star Paper Mills Limited - India
- Ceylon Electricity Board - Sri Lanka
- Economic Council, Georgia
- GAC Shipping (India) Pvt Ltd
- Bhatia International Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Posco Energy - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Bulk Trading Sa - Switzerland
- Alfred C Toepfer International GmbH - Germany
- Maharashtra Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Australian Coal Association
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- Cigading International Bulk Terminal - Indonesia
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Agrawal Coal Company - India
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Vedanta Resources Plc - India
- GMR Energy Limited - India
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- Deloitte Consulting - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Parry Sugars Refinery, India
- VISA Power Limited - India
- The University of Queensland
- PTC India Limited - India
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- India Bulls Power Limited - India
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Salva Resources Pvt Ltd - India
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Globalindo Alam Lestari - Indonesia
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Electricity Generating Authority of Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Edison Trading Spa - Italy
- White Energy Company Limited
- Latin American Coal - Colombia
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Maheswari Brothers Coal Limited - India
|
| |
| |
|
