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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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Thursday, 25 January 24
THE RED SEA ESCALATION IMPLICATIONS ON GLOBAL SEABORNE TRADE - MARIA BERTZELETOU
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market ...
Thursday, 25 January 24
RED SEA SHIPPING DISRUPTIONS KEEP GEOPOLITICAL PREMIUM FOR COMMODITIES - FITCH RATINGS
Shipping disruptions and re-routing away from the Red Sea will maintain the geopolitical premium in the main commodity markets, including for oil a ...
Friday, 19 January 24
DRUMMOND COLOMBIA COAL OUTPUT ROSE 7.1% IN 2023 - REUTERS
Coal production from miner Drummond’s Colombia operations rose 7.1% in 2023 to 29.5 million metric tons, while exports declined by 2.6% to 27 ...
Friday, 19 January 24
CHINA'S 2023 COAL OUTPUT HITS RECORD HIGH - REUTERS
China’s coal output reached a record high in 2023, data from the statistics bureau showed on Wednesday, amid an ongoing focus on energy secur ...
Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
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- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Madhucon Powers Ltd - India
- Energy Link Ltd, New Zealand
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- GAC Shipping (India) Pvt Ltd
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Coalindo Energy - Indonesia
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- The Treasury - Australian Government
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- London Commodity Brokers - England
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- Videocon Industries ltd - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Standard Chartered Bank - UAE
- Sree Jayajothi Cements Limited - India
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Bangladesh Power Developement Board
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Central Electricity Authority - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Coal and Oil Company - UAE
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Jaiprakash Power Ventures ltd
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Xindia Steels Limited - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Vedanta Resources Plc - India
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