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Wednesday, 12 October 11
INDONESIAS COAL RUSH - JOSEPH KIRSCHKE
 COALspot.com - Last winter, the Chinese government mobilized thousands of soldiers and reservists of the People’s Liberation Army to the port of Qinhuangdao, the shipping point for more than half the country’s coal, in northeast China. Their collective mission: to help load and supply imported coal to avert massive power outages.
Amid a summer heat wave, China, which relies on half the world’s coal supply for 70 percent of its energy, is again in bad shape — even as it simultaneously mines coal and imports it at record levels. The Railway Ministry has deployed trains nationwide as 20 regions have instituted rations to cope with a power deficit far above that of Japan’s after the March tsunami.
All this is a plus for Indonesia, Southeast Asia’s biggest economy, which already exports more coal to China than any other nation. But Beijing’s increasing focus on innovation, economic sustainability and the environment means that thermal coal, or steam coal, will allow coal companies in Indonesia even more profits as China heaves further into the 21st century. Thermal coal is used for power generation, and Indonesia has more of it than any country in the world.
China is now the world’s leading consumer of coal — bringing in some 200 million tons of it at last year — since importing began four years ago, despite having the third-biggest reserves on the planet. But China’s domestic coal market faces serious hardships; each one drives up import demands, all contribute to a long-term drop in production.
Payloads from distant Inner Mongolia and Xinjiang, for example, face ramshackle highways: a 100-kilometer, two-week-long traffic jam filled with coal trucks just outside Beijing last year was nothing if not a reminder. Record mining fatalities — some 80 percent of the world’s total with 3,000 deaths annually — are also prompting authorities to shutter mines by the thousands. At the same time, according to Beijing’s China Coal Research Institute, four-fifths of all Chinese coal fails to meet national industrial standards.
But for a country building a new power plant weekly, with the world’s largest carbon footprint, the environment and energy efficiency are a priority. This is underscored in Beijing’s 12th Five-Year Guideline, a policy mandate dating back to foundation of the People’s Republic in 1949. In it, the Communist Party of China now emphasizes economic and environmental sustainability, including further use of thermal coal — both high-grade and low in sulfur.
This is excellent news for Indonesia. China, in fact, is predicted to more than double thermal coal imports to 200 million tons by 2015, up from 90 million tons this year, as 39 percent of the world’s increase will come from Indonesia. By 2030, global coal production is projected to reach seven billion tons — 5.2 billion of it being steam coal. Thermal coal, thus, is set to outstrip the value of all other Indonesian export commodities — well above other types of coal, minerals and natural gas.
Straddling the “Ring of Fire,” Indonesia is to geothermal power what the Persian Gulf is to oil — with 40 percent of the world’s thermal coal. This is an energy source used by 70 other countries and is considered highly sustainable. Indeed, thermal coal is already considered one of the most prized commodities on the planet.
China’s trend isn’t entirely new. In recognizing its value in reducing acid rain and greenhouse gases while increasing the efficiency of its coal-fired power plants, China has greatly surpassed the United States in its “clean coal” capacities. Developments include the 2008 establishment of a $73 million thermal coal research facility by the Chinese Academy of Sciences and British Petroleum. And Beijing has acquired 41 patents on thermal coal technology in the last 30 years.
Not only the European Union, Washington, too, has partnered with Beijing. It has done so in particular via China’s Thermal Power Research Institute, a leading research organization that has licensed technology to a US clean coal energy initiative. Previously scrapped due to high costs, the project was revived with $1 billion from the Obama administration in 2009.
This demand equals a win-win for Indonesia’s thermal coal companies — and, by extension, Indonesia, thanks to its low-cost work force and shipping industry. In May, President Susilo Bambang Yudhoyono officially announced a $468 billion economic master plan for 2011 to 2025 that some have called “ambitious.”
His wish may have already been granted.
About Joseph Kirschke
Joseph Kirschke is a Jakarta/Beijing-based Communications Consultant and Political Analyst who works with international investors, media and energy and trade companies.
The above article was also published on The Jakarta Globe. Views and opinions / conclusion expressed herein are personal views of the author and not that of COALspot.com.
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Thursday, 22 December 11
RI WILL NOT PLAY CATCH-UP WITH GLOBAL COAL DEMAND - THE JAKARTA POST
The Jakarta Post reported that, the International Energy Agency (IEA) has predicted in its Coal Market Report 2011 that over the next five years, gl ...
Thursday, 22 December 11
DRY BULK MARKET KEEPS LOSING TRACTION AHEAD OF HOLIDAY SEASON - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market kept retreating in the middle of the week, as charterers seem to be looking towards the holiday season and the start of the new ye ...
Tuesday, 20 December 11
THE COAL IMPORT INTO CHINA WAS QUIETER AS COAL STOCKS WERE AT HIGH LEVELS - BRS
The BDI ended the week at 1888 points (-1.8%), the BCI corrected to 3572 (-3.4%), the BPI was up at 1,775 (+3.6%), the BSI dropped to 1193 (-3.0%) a ...
Tuesday, 20 December 11
INDIA IMPORTS 66.41 PERCENT MORE COAL FROM INDONESIA LAST MONTH - SOURCES
COALspot.com: Indonesia, the world largest coal exporter, shipped 33.476* mln mt of coal in November, which is slightly higher than its Octobe ...
Monday, 19 December 11
KOPEX COMMITS ADDITIONAL ONE MILLION DOLLAR FOR PT TRANSCOAL MINERGY
COALspot.com - Mining contractor Kopex has agreed to extend a further US$1 million to finance the remainder of the expanded drill program at PT Tran ...
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- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Indian Energy Exchange, India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Port Waratah Coal Services - Australia
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- McConnell Dowell - Australia
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Coalindo Energy - Indonesia
- Merrill Lynch Commodities Europe
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Makarim & Taira - Indonesia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- GN Power Mariveles Coal Plant, Philippines
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Barasentosa Lestari - Indonesia
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- GAC Shipping (India) Pvt Ltd
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Kumho Petrochemical, South Korea
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Binh Thuan Hamico - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Kapuas Tunggal Persada - Indonesia
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Orica Mining Services - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- MS Steel International - UAE
- Agrawal Coal Company - India
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- The State Trading Corporation of India Ltd
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Deloitte Consulting - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Bayan Resources Tbk. - Indonesia
- The University of Queensland
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Aditya Birla Group - India
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Sree Jayajothi Cements Limited - India
- Sojitz Corporation - Japan
- New Zealand Coal & Carbon
- Indonesian Coal Mining Association
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Orica Australia Pty. Ltd.
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Cement Manufacturers Association - India
- Tata Chemicals Ltd - India
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Interocean Group of Companies - India
- Central Java Power - Indonesia
- Samtan Co., Ltd - South Korea
- Alfred C Toepfer International GmbH - Germany
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- The Treasury - Australian Government
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mercuria Energy - Indonesia
- Sical Logistics Limited - India
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
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