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Friday, 26 November 21
AS COAL MARKET STABILIZES, CHINA STEPS UP NATURAL GAS SUPPLY TO MEET WINTER DEMAND - GLOBAL TIMES
The daily supply of natural gas in China has exceeded 1 billion cubic meters (bcm) since November began, up 11 percent year-on-year, data from state-owned Pipe China showed on Wednesday, underscoring the stepped-up efforts from Chinese authorities to ensure industrial power supplies and residential heating as the winter peak season arrived earlier this year.
Despite higher global natural gas prices, industry observers said that prices and supplies in China, the world’s largest natural gas user, will remain stable, in particular for residential heating.
The country won’t face another power crunch similar to late October, when a temporary coal supply shortage led to production suspensions and disruptions to people’s lives, they said.
The 600-million-cubic-meter daily volume of natural gas delivered by Pipe China’s network was achieved 14 days earlier than in 2020, the company said. It plans to buy 11 bcm of natural gas between this month and next spring, which is equivalent to growth of 14.9 percent year-on-year.
In a statement sent to the Global Times on Monday, Chinese oil major Sinopec said the daily supply of natural gas had been boosted by an additional 11 million cubic meters to North China, and the nationwide supply had risen to 180 million cubic meters.
Last week, the natural gas storage facility of China National Petroleum Corp (CNPC) in Lamadian town, Daqing oil field – China’s first underground natural gas storage station with a supply capacity of 1 million cubic meters a day – started supplying China’s Northeast region, according to a statement on CNPC’s website.
“China has shored up natural gas supplies ahead of the winter season every year, but this year the work started earlier as global prices surged and supplies got tighter. This situation raised the urgency of preparing more storage capacity and expanding natural gas imports,” an industry insider surnamed Lin told the Global Times on Wednesday.
Some industry insiders estimated that China’s winter natural gas demand in 2021 will be 10 percent higher than last year.
Analysts stressed that China’s supply is able to meet demand, and while natural gas shortages are getting worse in Europe, people in China will be able to enjoy a warmer winter.
As of mid-November, the price of LNG in China contracted by 1.7 percent to 7,508.4 yuan ($1,176) a ton compared with the beginning of the month, according to the National Bureau of Statistics.
The National Development and Reform Commission, China’s economic planner, declared over the weekend that China has full confidence in ensuring supplies, including energy and vegetables for the winter and stabilizing prices.
As part of an effort to boost imports, Sinopec Corp signed a contract with the US’ Venture Global LNG in early November to buy 4 million tons of LNG annually for 20 years. It is the largest long-term LNG deal ever signed between China and the US.
Source: Global Times
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Wednesday, 05 January 22
CHINA COAL FUTURES SURGE ON SUPPLY WORRIES AMID INDONESIA EXPORT BAN - REUTERS
China’s thermal coal futures surged by as much as 7.8per cent to kick off 2022 on concerns of supply disruptions after Indonesia, its biggest ...
Wednesday, 05 January 22
INDONESIA WARNS COAL SUPPLY CRUNCH NOT OVER AS CHINA PRICES RALLY - REUTERS
Indonesia has warned that its coal supply situation remains critical, ahead of Wednesday’s (Jan 5) review of its export ban, unnerving global ...
Tuesday, 28 December 21
INDIA'S ADANI NEARS FIRST COAL SHIPMENT FROM SHUNNED AUSTRALIAN MINE - REUTERS
India’s Adani Group ADEL.NS is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven- ...
Thursday, 23 December 21
COAL TO STAY AS MAJOR SOURCE OF ENERGY IN FORESEEABLE FUTURE: JOSHI - BUSINESS STANDARD
Coal will stay as a major source of energy in the foreseeable future as it is an affordable source of energy with substantial reserve, Parliament w ...
Thursday, 23 December 21
ANNUAL U.S. COAL-FIRED ELECTRICITY GENERATION WILL INCREASE FOR THE FIRST TIME SINCE 2014 - EIA
From December 20 through December 30, Today in Energy will feature some of our favorite articles from 2021. Today’s article was originally pu ...
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- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Mjunction Services Limited - India
- The University of Queensland
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Goldman Sachs - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Ambuja Cements Ltd - India
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Maharashtra Electricity Regulatory Commission - India
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Anglo American - United Kingdom
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Essar Steel Hazira Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Australian Coal Association
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Indika Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Antam Resourcindo - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Minerals Council of Australia
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Tamil Nadu electricity Board
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Wilmar Investment Holdings
- MS Steel International - UAE
- Sical Logistics Limited - India
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Energy Development Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
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