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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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Friday, 10 June 11
DRY BULK ON RETREAT MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
This week has offered dry bulk ship owners no real reason to smile, as the industry’s benchmarket, the Baltic Dry Index (BDI) has been steadil ...
Thursday, 09 June 11
INDIKA AIMS TO PRODUCE 31 MILLION TONS OF COAL IN 2011 - THE JAKARTA POST
The Jakarta Post, a leading English news paper in Indonesia reported that, PT Indika Energy Tbk, an integrated energy company, is targeting to incre ...
Wednesday, 08 June 11
BAYAN TO DISTRIBUTE RP. 80 ( APPROX. US$ 0.00939850) PER SHARE DIVIDEND
Coal miner PT Bayan Resources Tbk (BYAN), that is controlled by business Dato' Low Tuck Kwong, will distribute Rp80 a share dividend or Rp266.7 bil ...
Wednesday, 08 June 11
CBM PRODUCTION FROM AUSTRALIA, CHINA, INDIA, AND INDONESIA IS EXPECTED TO WITNESS A SIGNIFICANT INCREASE BY 2015
Press Release - According to Global Data (December 2010), CBM production in Australia, China, India, and Indonesia is expected to witness a signific ...
Sunday, 05 June 11
COAL IMPORTS BY CHINA IS LIKELY TO INCREASE - VISTAAR SINGAPORE
COALspot.com - The freight market softened this week except for the BDI and Cape index was up, but even in these sectors the momentum was compared t ...
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- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Eastern Coal Council - USA
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement PLC, Thailand
- Indonesian Coal Mining Association
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- India Bulls Power Limited - India
- Binh Thuan Hamico - Vietnam
- Petron Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Salva Resources Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Wood Mackenzie - Singapore
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Carbofer General Trading SA - India
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Tamil Nadu electricity Board
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Georgia Ports Authority, United States
- AsiaOL BioFuels Corp., Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Gujarat Sidhee Cement - India
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Mintek Dendrill Indonesia
- The University of Queensland
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Parliament of New Zealand
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Global Green Power PLC Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- London Commodity Brokers - England
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Meenaskhi Energy Private Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Semirara Mining and Power Corporation, Philippines
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Indika Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Chettinad Cement Corporation Ltd - India
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