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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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Saturday, 23 July 11
FAR EAST /SE ASIA ROUTE GAINED US$ 3000 HIGHER THAN LAST WEEK - VISTAAR
COALspot.com - The BDI further softened to by 2.22 pct and closed at 1323 points. The Cape and Panamax index also softened and closed at 1841 points ...
Saturday, 23 July 11
PANAMAX MARKET FACED A LIMITED ACTIVITY IN ALL BASINS
Handy
Atlantic softening across all segments with little fresh enquiry ex Bsea/Cont/USG and ECSA. Trips to Far east remain healthy. More cargoes ex ...
Friday, 22 July 11
MARUBENI ACQUIRING 42.86% SHARE OF YTL JAWA POWER HOLDINGS
COALspot.com - Japan’s Marubeni Corporation acquisition 42.86% stake in YTL Jawa Power Holdings BV, which owns a 35% equity interest in Indone ...
Thursday, 21 July 11
INDIA IMPORTS 36.033 MILLION TONS OF INDONESIAN COAL TILL JUNE
COALspot.com - Indonesia shipped 28.27 Million tons of coal in June 2011, a 2.3 percent lesser than May export of about 28.962 million tons, I ...
Thursday, 21 July 11
COAL PRICES ARE AT US$ 120 A TONNE
COALspot.com - Indonesian coal production in 2011 is expected to reach 360 million tons or 5.8 percent higher than government's forecasts. The incr ...
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- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Cement Manufacturers Association - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- VISA Power Limited - India
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- Sakthi Sugars Limited - India
- White Energy Company Limited
- GMR Energy Limited - India
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Lanco Infratech Ltd - India
- Oldendorff Carriers - Singapore
- Meralco Power Generation, Philippines
- Intertek Mineral Services - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- New Zealand Coal & Carbon
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Gujarat Sidhee Cement - India
- Vedanta Resources Plc - India
- Australian Coal Association
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Interocean Group of Companies - India
- Australian Commodity Traders Exchange
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Billiton Holdings Pty Ltd - Australia
- PowerSource Philippines DevCo
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- PTC India Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Energy Development Corp, Philippines
- Georgia Ports Authority, United States
- Rashtriya Ispat Nigam Limited - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Global Coal Blending Company Limited - Australia
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- Uttam Galva Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- Mercuria Energy - Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- IHS Mccloskey Coal Group - USA
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Central Electricity Authority - India
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- The Treasury - Australian Government
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Metalloyd Limited - United Kingdom
- Chettinad Cement Corporation Ltd - India
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Mintek Dendrill Indonesia
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Africa Commodities Group - South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Kapuas Tunggal Persada - Indonesia
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Renaissance Capital - South Africa
- Romanian Commodities Exchange
- The University of Queensland
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Toyota Tsusho Corporation, Japan
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Minerals Council of Australia
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
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