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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, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
Tuesday, 26 April 11
NTPC CALLS TENDER FOR 4 MLN TON OF NON-COKING COAL
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, is the largest thermal power gener ...
Monday, 25 April 11
THE FUTURES FOR THREE YEARS WAS AT AROUND PANAMAX/US$ 14,000 PER DAY & SUPRAMAX/US$ 14,000 PER DAY - VISTAAR
COALspot.com - The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points. ...
Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with c ...
Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons ...
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- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Bhatia International Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Siam City Cement - Thailand
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Metalloyd Limited - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- Mercuria Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- The University of Queensland
- MS Steel International - UAE
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Deloitte Consulting - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Global Green Power PLC Corporation, Philippines
- Thiess Contractors Indonesia
- Manunggal Multi Energi - Indonesia
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The Treasury - Australian Government
- Malabar Cements Ltd - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Bukit Makmur.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Romanian Commodities Exchange
- Eastern Energy - Thailand
- Cigading International Bulk Terminal - Indonesia
- Indian Oil Corporation Limited
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Bulk Trading Sa - Switzerland
- PNOC Exploration Corporation - Philippines
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Georgia Ports Authority, United States
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- GN Power Mariveles Coal Plant, Philippines
- Tamil Nadu electricity Board
- Bukit Baiduri Energy - Indonesia
- Vizag Seaport Private Limited - India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Essar Steel Hazira Ltd - India
- ASAPP Information Group - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Bhushan Steel Limited - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Larsen & Toubro Limited - India
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- Australian Coal Association
- Mintek Dendrill Indonesia
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Planning Commission, India
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mjunction Services Limited - India
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Therma Luzon, Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Electricity Authority, New Zealand
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Heidelberg Cement - Germany
- White Energy Company Limited
- Mercator Lines Limited - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
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