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Saturday, 20 November 10
ITALIAN STEAM COAL MARKET HAS RECOVERED - ITALIAN COAL ASSOCIATION
 Press Release - This year Italy will import 17 million tons of steam coal, up 3% from 2009, and 5.5 million tons of coking coal and PCI, up 37% over last year. These are some of the figures disclosed by Mr Andrea Clavarino, Chairman of the Italian Coal Association – Assocarboni - during the Coal Industry Advisory Board plenary meeting, held in Paris on November 18th and 19th 2010.
Mr Clavarino, who is delegate of the Italian Government to the CIAB board - the coal consultative body of the IEA, the OCSE energy watchdog - therefore stated the Italian steam coal market has fully recovered after the crisis, and Italian imports are growing again.
“In 2011, thanks to Enel Torrevaldaliga North plant in full operations, steam coal imports should reach the peak of 19 million tons (up from 17 forecasted for 2010) that will become 25-26 MT in the next five years, as per our projections”, he said.
According to the World Energy Outlook 2010, global demand for coal increases by around 20% between 2008 and 2035 in the New Policies Scenario, with almost all of the growth before 2020. Non-OECD countries, as a group, account for all of the growth in global coal demand in all the projections: China, India and Indonesia account for nearly 90% of the total incremental growth. Global coal production in the New Policies Scenario grows from just under 4900 Mtce in 2008 to just above 5600 Mtce in 2035.
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Mr Clavarino made even more enthusiastic projections talking about the global coal trade that is expected to grow significantly during the next few decades, with total thermal seaborne coal demand set to increase from 680-million tons to 1,1-billion tons between 2010 and 2025. “Nearly all major coal-consuming countries in Asia are expected to experience significant demand growth: China’s and India’s economies have been relatively unscathed by the economic turmoil that developed economies have faced. According to forecasts, in 2011 total thermal coal imports for China will reach 122 Mt, while thermal coal demand in India will increase by 810 million tons – 137% by 2025, driven by a 158% increase in coal-fired power capacity”, he commented.
During the CIAB board meeting, the global value of coal has been underlined, as well as the opportunities that clean coal technologies present to continue and expand utilization of this energy source. Mr Clavarino pointed out coal’s major role in the coming decades, and claimed himself to be confident that by increasing coal-based generation efficiencies and fostering carbon capture and storage, the world will be able to meet the goals of an 80% reduction in CO2 emissions amid sustained economic growth, the eradication of poverty and elimination of energy deprivation.
“Access to electricity is a key to alleviating poverty impacting up to 6 billion people: it is essential to increase the quality of life, economic well-being, and a clean environment. Coal is the only fuel that can meet the world’s rising energy demand, due to its abundance and accessibility, to his security, reliability, affordability and versatility. That is what happened to China, where coal has underpinned a massive and unprecedented growth in output, fueling an economic miracle”, he concluded.
ASSOCARBONI is a no profit organization founded in 1897, which represents more than 90 national and international companies engaged in solid fuels. Its head office is in Rome and it has a representative office in Brussels. Assocarboni is part of the Board of Directors of the Experimental Fuel Station (leading fuel research body) in Milan.
On an international level, Assocarboni is member of Euracoal (European Association for Coal and Lignite), of CAG (Coal Advisory Group) - a European Commission working group involved in coal research grants - of WCI (World Coal Institute) in London, of CIAB (Coal Industry Advisory Board) - a section of the International Energy Agency of Paris, which brings together more than 40 companies (both energy producing and electric generation companies) from 14 different countries - and of the “Working Party on Coal” of the ECE-UN Energy Committee in Geneva.
Source: European Energy Review
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Friday, 03 December 10
INDONESIAN LOW RANK COAL IS ATTRACTING COAL BUYERS FROM INDIA AND CHINA
COALspot.com - Bhakti Energi Persada has sold out its whole coal production until the end of 2011, Jeffry Mulyono said during McCloskey Asia P ...
Thursday, 02 December 10
INDIA'S COAL SHORTAGE TO DEEPEN NEXT YEAR - MONEY CONTROL
Money Control reported that, India's coal deficit will deepen sharply next year, its coal minister said on Tuesday, forcing Asia's third largest e ...
Thursday, 02 December 10
CIL INCHES CLOSER TO PEABODY STAKE DEAL - THE TELEGRAPH INDIA
The Telegraph India reported that, state-run Coal India Ltd (CIL) hopes to complete negotiations to buy over 10 per cent in Australian miner Peabody ...
Thursday, 02 December 10
DRY BULK MARKET WEIGHED DOWN BY CAPESIZE BLUES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The negative sentiment currently undergoing in the capesize market has kept the dry bulk market’s benchmark, the Baltic Dry Index (BDI) on the ...
Monday, 29 November 10
NUCLEAR SUPERTANKERS TO SHAKE UP SHIPPING - THIS IS MONEY
This is money reported that, plans are under way that could see nuclear-powered supertankers sailing the world’s shipping lanes, refuelling on ...
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- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Indogreen Group - Indonesia
- Maheswari Brothers Coal Limited - India
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- Ceylon Electricity Board - Sri Lanka
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Minerals Council of Australia
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Africa Commodities Group - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- Rashtriya Ispat Nigam Limited - India
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Dalmia Cement Bharat India
- GVK Power & Infra Limited - India
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- White Energy Company Limited
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Posco Energy - South Korea
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Vizag Seaport Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Electricity Generating Authority of Thailand
- Australian Commodity Traders Exchange
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Bhatia International Limited - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Barasentosa Lestari - Indonesia
- Power Finance Corporation Ltd., India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Antam Resourcindo - Indonesia
- ICICI Bank Limited - India
- Miang Besar Coal Terminal - Indonesia
- Eastern Energy - Thailand
- GAC Shipping (India) Pvt Ltd
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Planning Commission, India
- Xindia Steels Limited - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Indian Oil Corporation Limited
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Aboitiz Power Corporation - Philippines
- Singapore Mercantile Exchange
- Holcim Trading Pte Ltd - Singapore
- Krishnapatnam Port Company Ltd. - India
- Jorong Barutama Greston.PT - Indonesia
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Madhucon Powers Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- CNBM International Corporation - China
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
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