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Wednesday, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million annually by 2020, as new coal-fired power plants are built, Tran Xuan Hoa, chief executive of state mining firm Vinacomin said.
Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million annually by 2020, as new coal-fired power plants are built, Tran Xuan Hoa, chief executive of state mining firm Vinacomin said on Monday.
Meanwhile, the Southeast Asian country, which is the world’s top anthracite exporter, will gradually cut coal exports to 3-5 million tons per year, predominantly for metallurgy, a trade ministry official said.
The shift from net exporter to importer comes as Vietnam grapple with a growing power shortfall that has brought chronic blackouts and is widely cited as one of the biggest barriers to foreign investment.
A presentation by Hoa at a coal conference on Monday showed that nine coal power plants were being built in Vietnam and another two dozen thermal plants were planned, most to become operational by 2015.
Vinacomin, or Vietnam National Coal-Mineral Industries Holding Corp Ltd, is expected to export 18 million tons of coal this year after shipping 24.3 million tons in 2009, Vice Minister of Industry and Trade Le Duong Quang said.
Coal imports would start in 2011 for two alumina projects, he told Reuters without elaborating. In June, a Vinacomin official told a conference in Indonesia that coal imports were seen between 600,000 tons and 6 million tons in 2014-15 . The reason for the difference was unclear. Vinacomin accounts for more than 95 percent of Vietnam’s total coal production, Hoa said.
Much of Vietnam’s future coal-fired power will be in the south, the government plans.
“Vietnam will import energy coal for power plants to be built in southern Vietnam with the volume of 3-15 million tons to 2015 and 21-40 million tons to 2020,” Hoa said in remarks prepared for the Coaltrans Vietnam conference on Monday.
Most of the imported coal was expected to come from Indonesia and Australia, he said without elaborating.
Domestic supply was expected to rise to 58 million tons by 2015 from 43 million tons now, and 70 million to 80 million tons in 2020, Hoa said.
Domestic demand, however, would outstrip supply, leaping to 56 million to 68 million tons in 2015 from 26 million tons this year, and 93 million to 114 million tons by 2020.
“Only high-quality coal export will continue with a volume of 3 million to 5 million tons per year, mainly for metallurgy, as the demand for this type of coal is low in the domestic market,” Quang said.
Source: Vietnam Business
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Wednesday, 03 August 11
DRY BULK MARKET SINKS TO THREE-MONTH LOWS, BUT CAPESIZES COULD TURN THINGS AROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept on falling this week, on the back of slow cargo demand amid the summer season. Yesterday, the BDI (Baltic Dry Index), the i ...
Tuesday, 02 August 11
INDONESIA BECOMES SECOND LARGEST COKING COAL EXPORTER
COALspot.com - Indonesia, the largest thermal coal exporter in the world now becomes second biggest coking coal exporter to Japan. Indonesian’ ...
Tuesday, 02 August 11
5TH ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK TO PRESENT LATEST TRENDS
Press Release - Global commodities prices have been staying high since the beginning of 2011, resulting in the “TENSION” in various coun ...
Tuesday, 02 August 11
REALM RESOURCES TO ACQUIRE A 75% INTEREST IN THE KATINGAN RIA COAL PROJECT
COALspot.com - Scoping study at the Katingan Ria Coal Project, Central Kalimantan demonstrates positive technical and financial potential for the pr ...
Tuesday, 02 August 11
COAL INDIA TO INVEST IN GOLDEN ENERGY MINES
COALspot.com - Golden Energy Mines, part of PT Dian Swastatika Sentosa Tbk’s, is still negotiating with several strategic investors to o ...
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- Holcim Trading Pte Ltd - Singapore
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Siam City Cement PLC, Thailand
- Central Java Power - Indonesia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Ambuja Cements Ltd - India
- Semirara Mining Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- Billiton Holdings Pty Ltd - Australia
- Oldendorff Carriers - Singapore
- International Coal Ventures Pvt Ltd - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- PTC India Limited - India
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- MS Steel International - UAE
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- San Jose City I Power Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Marubeni Corporation - India
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Ministry of Finance - Indonesia
- TeaM Sual Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Bukit Asam (Persero) Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Directorate Of Revenue Intelligence - India
- Tamil Nadu electricity Board
- Georgia Ports Authority, United States
- Makarim & Taira - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Xindia Steels Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Kartika Selabumi Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Grasim Industreis Ltd - India
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- Bhatia International Limited - India
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- Jindal Steel & Power Ltd - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- London Commodity Brokers - England
- Indian Oil Corporation Limited
- The University of Queensland
- Sical Logistics Limited - India
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Krishnapatnam Port Company Ltd. - India
- Metalloyd Limited - United Kingdom
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Bhushan Steel Limited - India
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Meralco Power Generation, Philippines
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Leighton Contractors Pty Ltd - Australia
- Ministry of Mines - Canada
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Australian Coal Association
- Baramulti Group, Indonesia
- Mercator Lines Limited - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Star Paper Mills Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Parliament of New Zealand
- Parry Sugars Refinery, India
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Vijayanagar Sugar Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
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