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Friday, 19 January 24
INDONESIA TARGETS 710 MLN METRIC TONS COAL OUTPUT IN 2024 AFTER RECORD 2023 - REUTERS
Indonesia, a major thermal coal exporter, aims to produce 710 million metric tons of coal in 2024, its mining minister said on Monday, after posting record output last year amid a recovery in demand.
Indonesia’s coaloutput in 2023 was 775 million tons, up from 687 millions a year earlier and above the 695-million-ton target, Mining Minister Arifin Tasrif told reporters.
Around 518 million tons of Indonesian coal were exported last year, he added, an 11% increase from 2022. Arifin did not provide an outlook for exports in 2024.
“Our coal exports increased (last year) due to rising energy demand while supply of alternative energy sources was disrupted,” Arifin told reporters, referring to gas supply disruptions due to the war in Ukraine.
Meanwhile, domestic demand was higher than expected as power demand recovered from the pandemic impact and a number of coal-fired power plants came online, Arifin said.
Indonesia has pledged to shift away from coal, which currently makes up around half of the country’s source of energy, towards renewable resources.
The government plans to raise to 23% the share of energy generated from renewable sources by 2025, though as of last year only 13% of the Southeast Asian country’s energy mix was represented by renewables, ministry data showed.
“We are still committed and will optimise the utilisation of renewable resources we have,” he said, but added: “We need to be realistic.”
In the transport fuel sector, Indonesia estimated this year that its domestic consumption of biodiesel made from palm oil would reach around 12.5 million kilolitres, up slightly from 2023’s 12.2 million KL.
The government has allocated 13.4 million KL for biodiesel consumption in 2024, and targeted 13.9 million KL consumption next year.
Source: Reuters
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Friday, 06 September 24
REBOUND IN OIL DEMAND COULD LIFT MARKET IN LATTER HALF OF 2024 - BIMCO
Supply/demand
Based on a strong second half demand, the supply/balance is forecast to strengthen in 2024 but weaken slightly in 2025 as n ...
Friday, 06 September 24
GLOBAL SEABORNE LNG TRADE HAS CONTINUED TO INCREASE LAST YEAR - BANCHERO COSTA
Global seaborne LNG trade has continued to increase last year, helped also by the events in Ukraine which forced Europe to diversify away from Russ ...
Wednesday, 28 August 24
SEABORNE COAL IMPORTS INTO INDIA INCREASED BY +9.9% Y-O-Y TO 146.6 MLN T - BANCHERO COSTA
Global coal trade has really picked up pace over the past year, and is now fully back to pre-Covid levels said Banchero Costa Research in its lates ...
Tuesday, 06 August 24
EXERCISE CAUTION WITH AMMONIA SWITCH - BALTIC EXCHANGE
A new study from the Massachusetts Institute of Technology (MIT) has thrown a spanner into the plan to transition ships from diesel fuel to ammonia ...
Friday, 02 August 24
ENERGY MARKET DEVELOPMENTS: COAL AND NATURAL GAS PRICES REACH RECORD HIGHS - WORLD BANK
The recent surge in natural gas and coal prices has been so swift that the main benchmarks were roughly three times higher in 2022Q2 compared to a ...
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- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Indika Energy - Indonesia
- Energy Link Ltd, New Zealand
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Singapore Mercantile Exchange
- Ministry of Transport, Egypt
- TNB Fuel Sdn Bhd - Malaysia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Neyveli Lignite Corporation Ltd, - India
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Therma Luzon, Inc, Philippines
- Renaissance Capital - South Africa
- Trasteel International SA, Italy
- Cigading International Bulk Terminal - Indonesia
- India Bulls Power Limited - India
- VISA Power Limited - India
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- White Energy Company Limited
- MS Steel International - UAE
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- The University of Queensland
- Cement Manufacturers Association - India
- Iligan Light & Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Kumho Petrochemical, South Korea
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Billiton Holdings Pty Ltd - Australia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement PLC, Thailand
- Kaltim Prima Coal - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- ASAPP Information Group - India
- Binh Thuan Hamico - Vietnam
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Antam Resourcindo - Indonesia
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Alfred C Toepfer International GmbH - Germany
- Medco Energi Mining Internasional
- Carbofer General Trading SA - India
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Gujarat Sidhee Cement - India
- Planning Commission, India
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Jorong Barutama Greston.PT - Indonesia
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Central Java Power - Indonesia
- Aditya Birla Group - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Indonesian Coal Mining Association
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Bhushan Steel Limited - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Lanco Infratech Ltd - India
- Baramulti Group, Indonesia
- Africa Commodities Group - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
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