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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, 20 October 10
CANADIAN CHALLENGER ACQUIRES INDONESIAN COAL PROJECT
COALspot.com (Press Release): According to Challenger Deep Resources Corp's website and press release posted on the site, Challenger Deep Res ...
Wednesday, 20 October 10
ADANI THE LARGEST COAL IMPORTER OF INDIA IS NEGOTIATING WITH COAL INDIA LIMITED FOR A SUPPLY AGREEMENT - TOP NEWS
Top News reported that, negotitations are very much on between Adani Enterprises, the biggest coal importer of the country and Coal India Limited, t ...
Wednesday, 20 October 10
UAE FIRM IN INDONESIA RAIL DEAL - GULF NEWS
Gulf News reported that, construction of a 140-kilometre railway in Indonesia, initiated by RAK Minerals and Metals Investments (RMMI) will start ne ...
Wednesday, 20 October 10
CAPESIZES FINDING SUPPORT IN IRON ORE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although the beginning of the week wasn’t the rosiest one for the dry bulk market, last week proved a cheerful one for dry bulk ship owners, e ...
Saturday, 16 October 10
BDI WAS MARGINALLY UP BY 2.45 PCT LAST WEEK - VISTAAR SHIPPING
COALspot.com: The BDI seemed to lose the moment compared to last week and was marginally by 2.45 pct and closed at 2,762 points.
Also the Cape in ...
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- Planning Commission, India
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
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- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- IEA Clean Coal Centre - UK
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
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- Samtan Co., Ltd - South Korea
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- Economic Council, Georgia
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- Price Waterhouse Coopers - Russia
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- Baramulti Group, Indonesia
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- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
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- India Bulls Power Limited - India
- Bulk Trading Sa - Switzerland
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- PowerSource Philippines DevCo
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- Gujarat Electricity Regulatory Commission - India
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- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
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- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Georgia Ports Authority, United States
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Riau Bara Harum - Indonesia
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- PTC India Limited - India
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
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- Global Business Power Corporation, Philippines
- Wilmar Investment Holdings
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- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
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- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Romanian Commodities Exchange
- Bukit Makmur.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
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- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- VISA Power Limited - India
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- Kalimantan Lumbung Energi - Indonesia
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- Miang Besar Coal Terminal - Indonesia
- Coal and Oil Company - UAE
- Energy Development Corp, Philippines
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- Bhoruka Overseas - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Rashtriya Ispat Nigam Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Metalloyd Limited - United Kingdom
- CIMB Investment Bank - Malaysia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Africa Commodities Group - South Africa
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Electricity Authority, New Zealand
- Indonesian Coal Mining Association
- GMR Energy Limited - India
- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
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- Anglo American - United Kingdom
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
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- GN Power Mariveles Coal Plant, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Eastern Coal Council - USA
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- CNBM International Corporation - China
- ICICI Bank Limited - India
- European Bulk Services B.V. - Netherlands
- Marubeni Corporation - India
- Deloitte Consulting - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Malabar Cements Ltd - India
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- Ministry of Mines - Canada
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