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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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Tuesday, 17 May 11
DRY BULK MARKET ENTERS WEEK ON WEAK MODE - HELLENIC SHIPPING
In yet another sign of softening freight rates for dry bulk carriers and oversupply issues, the dry bulk market entered this week on a downward path ...
Monday, 16 May 11
INDO TAMBANG 1Q SALES REVENUE UP - INSIDER STORIES
Thai Banpu Plc last week reported a 7.83% increase in coal sales revenue from its Indonesian operating unit via PT Indo Tambangraya Megah Tbk (ITMG) ...
Sunday, 15 May 11
THE FREIGHT MARKET REMAINED SOFT - VISTAAR
COALspot.com - "The freight market overall remained soft", said Capt. Reddy, Director of Vistaar Shipping Singapore. He further added, &qu ...
Saturday, 14 May 11
WELSPUN TO ACQUIRE AN INDONESIAN COAL MINE - MEDIA
The India based Welspun Power and Steel Ltd is planning to acquire 456,000 shares in PT Batubara Energy Indonesia, representing 75% interest, accord ...
Saturday, 14 May 11
DRY BULK MARKET ON A DOWNFALL ONCE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what is now pretty clear will be yet another challenging year for dry bulk ship owners, the Baltic Dry Index returned to its usual pattern of dec ...
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- IHS Mccloskey Coal Group - USA
- GAC Shipping (India) Pvt Ltd
- Chamber of Mines of South Africa
- TNB Fuel Sdn Bhd - Malaysia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhushan Steel Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- White Energy Company Limited
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Bhatia International Limited - India
- LBH Netherlands Bv - Netherlands
- Sinarmas Energy and Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Jindal Steel & Power Ltd - India
- SN Aboitiz Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Merrill Lynch Commodities Europe
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Anglo American - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Siam City Cement PLC, Thailand
- Energy Link Ltd, New Zealand
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Port Waratah Coal Services - Australia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Economic Council, Georgia
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Sree Jayajothi Cements Limited - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Borneo Indobara - Indonesia
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Agrawal Coal Company - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- Essar Steel Hazira Ltd - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Sojitz Corporation - Japan
- Kartika Selabumi Mining - Indonesia
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Makarim & Taira - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Australian Coal Association
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Wood Mackenzie - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Deloitte Consulting - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
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