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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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Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
Friday, 05 January 24
BANGLADESH’S 2023 COAL-FIRED POWER OUTPUT TRIPLED, EASING SHORTAGES - REUTERS
Bangladesh nearly tripled its coal-fired power output in 2023, a Reuters analysis of government data showed, helping it tide over the worst power s ...
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- Semirara Mining Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Cement Manufacturers Association - India
- Coastal Gujarat Power Limited - India
- Energy Link Ltd, New Zealand
- GN Power Mariveles Coal Plant, Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Marubeni Corporation - India
- Aboitiz Power Corporation - Philippines
- Larsen & Toubro Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Holcim Trading Pte Ltd - Singapore
- Thai Mozambique Logistica
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Ind-Barath Power Infra Limited - India
- India Bulls Power Limited - India
- Malabar Cements Ltd - India
- Commonwealth Bank - Australia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- The University of Queensland
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Posco Energy - South Korea
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Mercator Lines Limited - India
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Bhushan Steel Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Star Paper Mills Limited - India
- Ministry of Transport, Egypt
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Semirara Mining and Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Timah Investasi Mineral - Indoneisa
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Interocean Group of Companies - India
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Planning Commission, India
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Carbofer General Trading SA - India
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Independent Power Producers Association of India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- CNBM International Corporation - China
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- GMR Energy Limited - India
- Binh Thuan Hamico - Vietnam
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Parliament of New Zealand
- Global Coal Blending Company Limited - Australia
- Cigading International Bulk Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Riau Bara Harum - Indonesia
- OPG Power Generation Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Eastern Coal Council - USA
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- International Coal Ventures Pvt Ltd - India
- Tamil Nadu electricity Board
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Sinarmas Energy and Mining - Indonesia
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