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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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Thursday, 09 December 10
INDONESIAN COAL PRICE REFERENCE REACHED US$ 103.41 PMT FOR DECEMBER DELIVERY
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Thursday, 09 December 10
DRY BULK MARKET LOOKING FOR DIRECTION THIS WEEK, AS CAPESIZE SHIPS END THEIR MISFORTUNES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk has began the week on a positive note capitalizing on the positive sentiment which finally prevailed during the last days of the previo ...
Monday, 06 December 10
NTPC MAY OPT FOR INDONESIA OVER AFRICA, OZ FOR COAL MINES
Country's largest power producer NTPC, which is scouting for coal properties abroad to fuel its power plants back home, may zero in on Indonesia fo ...
Saturday, 04 December 10
INDONESIA TO INDIA AND CHINA SEA FREIGHT UP BY ABOUT US$ 2.50 PMT - CAPT. REDDY
COALspot.com - The freight market even though remained weak, but towards end of the week the market seemed to firm up.
The BDI was almost at sam ...
Saturday, 04 December 10
OFF WEST COAST OF INDIA TONNAGE IS SEEMINGLY QUITE SPARSE - FEARNBULK
Handy
The Atlantic markets are weak and remained unusually calm after the Thanksgiving ...
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- Holcim Trading Pte Ltd - Singapore
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- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Barasentosa Lestari - Indonesia
- Videocon Industries ltd - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
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- Australian Coal Association
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- Petrochimia International Co. Ltd.- Taiwan
- Coal and Oil Company - UAE
- Star Paper Mills Limited - India
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- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
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- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
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- Bangladesh Power Developement Board
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
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- Economic Council, Georgia
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- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Indo Tambangraya Megah - Indonesia
- Merrill Lynch Commodities Europe
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- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
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- PTC India Limited - India
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- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Iligan Light & Power Inc, Philippines
- Australian Commodity Traders Exchange
- Bayan Resources Tbk. - Indonesia
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Kepco SPC Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
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- GMR Energy Limited - India
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- Singapore Mercantile Exchange
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- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
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- AsiaOL BioFuels Corp., Philippines
- Banpu Public Company Limited - Thailand
- Power Finance Corporation Ltd., India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Parliament of New Zealand
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- Kalimantan Lumbung Energi - Indonesia
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- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Standard Chartered Bank - UAE
- Planning Commission, India
- Rio Tinto Coal - Australia
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Orica Australia Pty. Ltd.
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Bukit Makmur.PT - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
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- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Bhushan Steel Limited - India
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- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Minerals Council of Australia
- Baramulti Group, Indonesia
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- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
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- Malabar Cements Ltd - India
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- Altura Mining Limited, Indonesia
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- PNOC Exploration Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Wilmar Investment Holdings
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- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Ministry of Finance - Indonesia
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- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Energy Development Corp, Philippines
- Aditya Birla Group - India
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
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