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Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
 Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and consumption rises.
“We’ll see demand from India increase as their power plants start operating,” Herlan Siagian, general manager for marketing at PT Bumi Resources, Indonesia’s biggest coal producer, said on the sidelines of a McCloskey Group Ltd. industry conference in Bali.
Chinese coal imports may exceed 100 million metric tons this year and rise to 200 million tons annually over the next several years, JPMorgan said in a report on Nov. 13. Coal imports by India may increase to 81 million tons in the year ending March 2012 from 70 million tons in the year ending March 2010, Indian coal minister Sriprakash Jaiswal said last month.
PT Berau Coal, Indonesia’s fifth-largest coal producer, expects sales to India to rise to 3 million tons next year from 2 million tons this year, while shipments to China may double to 4 million tons, said Eko Natalina, Berau’s general manager for marketing and sales. South Korean consumers may buy 3.5 million tons from the company next year, compared with 3 million tons this year, he said.
PT Kideco Jaya Agung, partly owned by PT Indika Energy, expects shipments to India to gain by as much as 2 million tons to 6 million tons next year, while shipments to China may increase to 2 million tons next year from 1 million tons in 2009. Sales to South Korea next year may be little changed from this year’s 3.5 million tons, he said.
“With the global economy recovering, demand of coal from China and India will increase,” C.H. Richard Lee, Kideco’s managing director, said in Bali.
Bumi Resources said in October that the company plans to increase sales to China and India by 2012 when Indonesia boosts annual production to 100 million tons from 53 million last year. It may supply 20 percent of its output to each of the two countries, Dileep Srivastava, Bumi’s head of investor relations, said then.
Source: Bloomberg
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Friday, 13 November 09
API4 IGNORES LOW COAL TRADES - SWISS SINGAPORE
* Jan, Feb S.Africa coal prices hit 12-month highs
* Indian trader says deals done dollars below index
Reuters reported that, the physical coal ...
Thursday, 12 November 09
INDONESIA'S BUMI COAL PRODUCTION TO INCREASE
The sale is predicted to jump 14 percent to 58 million tons.
Viva News reported that, PT Bumi Resources Tbk. (BUMI) projected that the company's ...
Thursday, 12 November 09
INDIA'S BHEL IS IN INDONESIA NOW WITH THE COST EFFECTIVE CFBC BASED BOILER TURBINE PACKAGES
COALspot.com(Indonesia): BHEL, the largest engineering and manufacturing enterprise in India in the energy-related / infrastructure sector, is now f ...
Thursday, 12 November 09
NTPC FARAKKA AND KAHALGAON UNITS SHUT DOWN ON COAL SHORTAGE
Operations at two units each of power major NTPC Ltd’s 1600 MW Farakka and the 2340 MW Kahalgaon stations have ground to a halt due to an acut ...
Thursday, 12 November 09
GANGAVARAM PORT SETS RECORD BY DISCHARGING 80,514 TONNE OF COAL CARGO
Gangavaram Port, the deepest port in the country with water depth of 20 meters, has achieved an unprecedented milestone by discharging 80,514 metric ...
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- Vizag Seaport Private Limited - India
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- Trasteel International SA, Italy
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- CNBM International Corporation - China
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- VISA Power Limited - India
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- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Finance - Indonesia
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- Indian Oil Corporation Limited
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- Ministry of Mines - Canada
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- Commonwealth Bank - Australia
- Eastern Coal Council - USA
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- IEA Clean Coal Centre - UK
- Malabar Cements Ltd - India
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- Bhatia International Limited - India
- Deloitte Consulting - India
- Binh Thuan Hamico - Vietnam
- Mercuria Energy - Indonesia
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- Semirara Mining and Power Corporation, Philippines
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- Mintek Dendrill Indonesia
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- Bahari Cakrawala Sebuku - Indonesia
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- Chamber of Mines of South Africa
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- Renaissance Capital - South Africa
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- Agrawal Coal Company - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
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- Jorong Barutama Greston.PT - Indonesia
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- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
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- Indika Energy - Indonesia
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- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
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- Tamil Nadu electricity Board
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- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
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