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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, 07 January 11
SRI LANKA NEW PORT TO OFFER SHIP FUEL IN MAY - LBO
LOB reported that, The Sri Lanka Ports Authority (SLPA) plans to start bunkering or ship fuel operations at a new port in southern Hambantota in May ...
Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
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- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Indika Energy - Indonesia
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Kaltim Prima Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Latin American Coal - Colombia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Neyveli Lignite Corporation Ltd, - India
- South Luzon Thermal Energy Corporation
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Larsen & Toubro Limited - India
- Coastal Gujarat Power Limited - India
- Agrawal Coal Company - India
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- McConnell Dowell - Australia
- Formosa Plastics Group - Taiwan
- Grasim Industreis Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Dalmia Cement Bharat India
- Vijayanagar Sugar Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Eastern Coal Council - USA
- Xindia Steels Limited - India
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Mjunction Services Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- GMR Energy Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Thiess Contractors Indonesia
- Riau Bara Harum - Indonesia
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Uttam Galva Steels Limited - India
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Wood Mackenzie - Singapore
- Marubeni Corporation - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Energy Development Corp, Philippines
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- New Zealand Coal & Carbon
- Coal and Oil Company - UAE
- Sree Jayajothi Cements Limited - India
- Jindal Steel & Power Ltd - India
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Mercator Lines Limited - India
- Posco Energy - South Korea
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Bhushan Steel Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Ministry of Transport, Egypt
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- TeaM Sual Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- Chamber of Mines of South Africa
- Indo Tambangraya Megah - Indonesia
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Thai Mozambique Logistica
- Central Electricity Authority - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Indogreen Group - Indonesia
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
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