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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, 23 October 23
CHINA SEPT COAL OUTPUT HITS SIX-MONTH HIGH ON RISING POWER DEMAND - REUTERS
China’s September coal output rose 0.4% from August to the highest level since March, official data showed on Wednesday, on rising power dema ...
Monday, 23 October 23
INDIA COAL INVENTORIES DROP AT FASTEST PACE IN TWO YEARS, BOOSTING IMPORTS - REUTERS
Coal inventories at Indian power plants in the first half of October fell at their fastest rate in two years, an analysis of government data showed ...
Tuesday, 19 September 23
LNG SHIPPING STOCKS: THE ASIAN GROWTH UP-INDICES
Last week, the UP World LNG Shipping Index (UPI) gained 3.81 points or 2.51%, closing at 155.85 points. This index tracks the performance of LNG sh ...
Sunday, 10 September 23
GOLDMAN SACHS PREDICTS OIL PRICE TO HIT $100 ON OPEC CUTS - YAHOO FINANCE
Oil supply cuts by Saudi Arabia and Russia could lead to Brent crude jumping as high as $107 a barrel in 2024, Goldman Sachs Commodities Research h ...
Sunday, 10 September 23
CHINA AUGUST COAL IMPORTS OF 44.3 MLN T HIT RECORD - REUTERS
China, the world’s top coal consumer, imported 44.3 million metric tons of the fuel last month, customs data showed, the highest amount in an ...
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- TeaM Sual Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Siam City Cement - Thailand
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- India Bulls Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- The University of Queensland
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Central Electricity Authority - India
- Planning Commission, India
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- MS Steel International - UAE
- Banpu Public Company Limited - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Globalindo Alam Lestari - Indonesia
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- London Commodity Brokers - England
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Aboitiz Power Corporation - Philippines
- Georgia Ports Authority, United States
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- PTC India Limited - India
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Bahari Cakrawala Sebuku - Indonesia
- Intertek Mineral Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Mercator Lines Limited - India
- Straits Asia Resources Limited - Singapore
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Pendopo Energi Batubara - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Alfred C Toepfer International GmbH - Germany
- New Zealand Coal & Carbon
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Parry Sugars Refinery, India
- Coastal Gujarat Power Limited - India
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Indika Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- CNBM International Corporation - China
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Indian Energy Exchange, India
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Central Java Power - Indonesia
- Makarim & Taira - Indonesia
- Africa Commodities Group - South Africa
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Heidelberg Cement - Germany
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Karbindo Abesyapradhi - Indoneisa
- Borneo Indobara - Indonesia
- Bangladesh Power Developement Board
- International Coal Ventures Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
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