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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, 10 November 23
THE COMMODITIES FEED: OIL UNDER PRESSURE - ING
Energy – Brent plummets
The oil market came under significant pressure yesterday. ICE Brent settled 4.19% lower on the day and ...
Friday, 10 November 23
COAL USE AT U.S. POWER PLANTS CONTINUES DOWNWARD SPIRAL; FULL IMPACT ON MINES TO BE FELT IN 2024 - IEEFA
This year, the use of coal by the U.S.’s power producers has been so anemic that the fuel has not achieved a 20% market share in any month so ...
Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesd ...
Thursday, 09 November 23
WE'RE PRODUCING TOO MUCH COAL, OIL AND GAS, REPORT SAYS - WSJ
World leaders pledged in 2015 to reduce emissions in a combined effort to limit climate change.
Now they are stepping up production ...
Thursday, 09 November 23
GREEK AND CHINESE COMPANIES OWN 34% OF THE GLOBAL FLEET’S CARGO CAPACITY - BIMCO
“The global fleet of cargo carrying ships consists of around 61,000 ships with a deadweight capacity of about 2,200 million tonnes. The ships ...
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- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- The University of Queensland
- Parry Sugars Refinery, India
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Renaissance Capital - South Africa
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Marubeni Corporation - India
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- The State Trading Corporation of India Ltd
- Romanian Commodities Exchange
- Kohat Cement Company Ltd. - Pakistan
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- White Energy Company Limited
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Petrochimia International Co. Ltd.- Taiwan
- Globalindo Alam Lestari - Indonesia
- Borneo Indobara - Indonesia
- Bhatia International Limited - India
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Tamil Nadu electricity Board
- Bayan Resources Tbk. - Indonesia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- International Coal Ventures Pvt Ltd - India
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- MS Steel International - UAE
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Jindal Steel & Power Ltd - India
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- Sarangani Energy Corporation, Philippines
- Australian Coal Association
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- ICICI Bank Limited - India
- GAC Shipping (India) Pvt Ltd
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Orica Mining Services - Indonesia
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Energy Link Ltd, New Zealand
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Posco Energy - South Korea
- CNBM International Corporation - China
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Kobexindo Tractors - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Planning Commission, India
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
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