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Saturday, 09 May 09
CHINA PLANS TO BUILD COAL STOCKPILE BASES IN SHANDONG - BLOOMBERG
China, the world’s largest coal producer and consumer, plans to build stockpiles of the fuel in the eastern province of Shandong to ensure supplies and help stabilize prices, the nation’s top economic planner said.
The province will complete the construction of four to six coal stockpile bases within the next three to five years, the National Development and Reform Commission said in a statement on its Web site today. The bases will each have a capacity to store more than 20 million metric tons of coal.
Shandong’s annual coal shortage may rise to more than 190 million tons next year, according to the commission. Coal prices at China’s Qinhuangdao port, a domestic benchmark, soared to a record in July last year and since then have almost halved as the global recession reduced energy demand.
"The province needs to build coal stockpiles and transit bases urgently to cope with potential energy supply disruptions,” the commission said. "Coal resources will become tighter in the long term, and it will be harder to secure resources from the outside market.”
Shandong, the nation’s second-most populous province, produced 135 million tons of coal last year, while provincial demand was 270 million tons, the commission said. By next year, coal consumption may rise to 311 million tons and output may be less than 150 million tons, the economic planner said. China produced 2.6 billion tons of coal in 2008.
Coal Imports
The bases will be stocked with coal from local mines and possibly imports from countries including North Korea, Indonesia and Vietnam, the commission said, without elaborating.
"Shandong needs more coal from the outside market compared with other provinces, so it’s necessary for them to build some stockpiles,” Wang Shuai, a mining analyst at Orient Securities Co., said by telephone in Shanghai. “On a national level, it may not be that urgent to build coal stockpiles now as China is self-sufficient.”
The four bases will be located in Longkou, Laiwu, Zhucheng and Qihe in the first phase and two more will be built in Rizhao and Heze “when the time is ripe,” the commission said.
The base in Longkou city will start operations in October and will eventually have a capacity of 50 million tons, the commission said.
Source: http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ashxl8kfqenM
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Tuesday, 12 May 09
INDIKA EXPECTS TO INCREASE COAL PRODUCTION BY 12.68% IN 2010 - THE JAKARTA POST
Energy and infrastructure company PT Indika Energy, the parent company of Indonesia's third largest coal producer PT Kideco Jaya Agung, expects its ...
Tuesday, 12 May 09
BANPU'S PROFIT DOUBLES TO RECORD AFTER SALES JUMP - BLOOMBERG
BANPU Pcl, Thailand’s biggest coal producer, reported first-quarter profit more than doubled to a record after higher prices for the fuel boos ...
Tuesday, 12 May 09
COAL IN PLACE, GMR PLANS 2,000-MW THERMAL PLANT - BUSINESS-STANDARD
GMR ENERGY, a subsidiary of Bangalore-based infrastructure company GMR Infrastructure Ltd, is planning to set up a 2,000-Mw thermal power plant near ...
Monday, 11 May 09
SOUTH AFRICA PROBLEMS SLOW INDIA COAL BUYING - MINE WEB
Indian imports of South African coal are likely to be close to 12 million tonnes in 2009, up from 10 million last year.
Indian coal buyers were a ...
Saturday, 09 May 09
THE WEEK SAW BIT OF HECTIC ACTIVITY IN THE FREIGHT MARKET - VISTAAR SHIPPING
COALspot.com (Singapore) : VISTAAR Shipping Pte Limited, one of the experienced ship operator in Singapore, said, the week saw bit of hectic ac ...
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Sindya Power Generating Company Private Ltd
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Salva Resources Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Global Coal Blending Company Limited - Australia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Chettinad Cement Corporation Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Parliament of New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- Standard Chartered Bank - UAE
- Simpson Spence & Young - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- MS Steel International - UAE
- Lanco Infratech Ltd - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Renaissance Capital - South Africa
- Bharathi Cement Corporation - India
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Jindal Steel & Power Ltd - India
- Barasentosa Lestari - Indonesia
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Sarangani Energy Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Australian Coal Association
- Binh Thuan Hamico - Vietnam
- Ind-Barath Power Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Maheswari Brothers Coal Limited - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- TeaM Sual Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- India Bulls Power Limited - India
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- Eastern Coal Council - USA
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- PowerSource Philippines DevCo
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Wilmar Investment Holdings
- Alfred C Toepfer International GmbH - Germany
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- CNBM International Corporation - China
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Siam City Cement PLC, Thailand
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- VISA Power Limited - India
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Minerals Council of Australia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Cement Manufacturers Association - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- Kaltim Prima Coal - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- IEA Clean Coal Centre - UK
- Singapore Mercantile Exchange
- The State Trading Corporation of India Ltd
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
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