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Tuesday, 09 August 11
INDONESIAS COAL PRODUCTION GREW BY 19.4% LAST YEAR - BP
 COALspot.com - Indonesia’s coal production grew by 19.4% last year to 305.879 million tonnes from 256.181 million tonnes in 2009, the fastest growth in the world, according BP statistical review 2011 that release today. For 60 years, the BP Statistical Review of World Energy has provided high - quality, objective and globally consistent data on world energy markets.
Indonesia market share to global coal production was 5%. The biggest market share of global coal production still China which accounted 48.3% and USA 14.8%.
The BP's statistics further said, china was produced 1800.4 million tonnes of coal in 2010 and USA 552.2 million tonnes. New Zealand accounted as country which the second fastest growth of coal production (16.8%) to 3.3 million tonnes.
North America region coal production in 2010 only grew 2.3% to 591.6 million tonnes. South and Central America grew 2.6%, Europe and Eurasia 2.1%, Africa 1.3%, Asia Pacific 8.4%, and total world grew was 6.3%.
According to Bob Dudley, BP's chief executive, the world's coal consumption grew by 7.6% in 2010, the fastest global growth since 2003. Coal now accounts for 29.6% of global energy consumption, up from 25.6% ten years ago.
Chinese consumption grew by 10.1%. China last year consumed 48.2% of the world’s coal and accounted for nearly two-thirds of global consumption growth. India consumption grew 10.8% to 277.6 million tonnes oil equivalent. Meanwhile, Indonesia and Japan consumption also grew 13.7% to 39.4 million tonnes and 123.7 million tones. But consumption growth was robust elsewhere as well.
OECD consumption grew by 5.2%, the strongest growth since 1979, with strong growth in all regions. Global coal production grew by 6.3%, with China (+9%) agaian accounting for two-thirds of global growth. Elsewhere, coal production grew robustly in the US and Asia but fell in the EU, helping to explain the relative strength of coal prices in Europe.
Dated Brent averaged $ 79.50 per barrel in 2010 ,an increase of 29% from the 2009 but still nearly $18 per barrel below the 2008 record level. Other bench mark crudes registered similar increases.
To contact the reporter responsible on this story: Efendi at efendi@coalspot.com
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Tuesday, 09 August 11
DRY BULK MARKET UNABLE TO FIND UPWARD MOMENTUM, SLUMPS AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
They same that what goes up must come down and nobody seems to have found a better application of this expression, than the beleguered dry bulk mark ...
Monday, 08 August 11
OIL PRICES ARE SOFTENING, WILL IT INFLUENCE COAL PRICES?
COALspot.com - The current global economic condition is in volatility after a little chance of optimism for economic recovery.
Oil price at ...
Monday, 08 August 11
A SUPRAMAX VESSEL WAS REPORTED FIXED AT $ 12K - VISTAAR
COALspot.com - The BDI was slightly up by about 4 points closed at 1268 points which was supported by cape index which was up 3.14 pct and closed at ...
Saturday, 06 August 11
NTPC IS CONSIDERING TO ENTER INTO 25 YEARS COAL PURCHASE AGREEMENT
Indian, State-run power producer NTPC's present annual consumption is 164 million tonnes, and company is considering long-term agreements abroad to ...
Friday, 05 August 11
RIO TINTO SIGNS MOU WITH JINDAL STEEL AND POWER ON ADVANCING HISMELT TECHNOLOGY
Press Release - Rio Tinto has signed a Memorandum of Understanding (MoU) with Jindal Steel and Power Limited (JSPL) to take the next step in g ...
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- Parliament of New Zealand
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Independent Power Producers Association of India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Bukit Baiduri Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Indian Oil Corporation Limited
- Mercator Lines Limited - India
- Sarangani Energy Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Chamber of Mines of South Africa
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Holcim Trading Pte Ltd - Singapore
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- PTC India Limited - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Deloitte Consulting - India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Gujarat Sidhee Cement - India
- Latin American Coal - Colombia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Indonesian Coal Mining Association
- Jindal Steel & Power Ltd - India
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- European Bulk Services B.V. - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- CNBM International Corporation - China
- Karaikal Port Pvt Ltd - India
- Tamil Nadu electricity Board
- Makarim & Taira - Indonesia
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Port Waratah Coal Services - Australia
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Kobexindo Tractors - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Mercuria Energy - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Wood Mackenzie - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- San Jose City I Power Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Iligan Light & Power Inc, Philippines
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- Kalimantan Lumbung Energi - Indonesia
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Thai Mozambique Logistica
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Coal and Oil Company - UAE
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Australian Coal Association
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Sree Jayajothi Cements Limited - India
- Jaiprakash Power Ventures ltd
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
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